LOS ANGELES — SkyPrivate has announced it has recently updated its cryptocurrency payout options, adding Ethereum, USDC and USDT Layer 2.
Models and studios can receive payouts using those options, with a $50 minimum balance required.
A rep explained that the Layer 2 protocol came about as an answer to “Bitcoin network congestion, which led to higher transaction fees and delayed payouts.”
The protocol, the rep continued, allows for “24-hour turnaround following their withdrawal requests with a lower minimum balance required, which has dropped now from $150 to $50.”
Models also can now cash in within one week (instead of two) if they choose one of the bank transfer methods available on SkyPrivate; they can now cash in within three days (instead of seven) if they choose one of the wallet-based payment methods available (Paxum and ePayService) and the minimum balance for Bitcoin payouts will be set to $500 starting May 1.
SkyPrivate has also added Ethereum as a payout option in Layer 1 (in addition to Bitcoin) with a minimum payout of $500.
For more information, visit SkyPrivate.com.
