Payout Method
Broker payouts
Choose where you get paid
The payout method tells WeList where broker payouts should be sent. Pick Revolut, bank transfer, or crypto, then double-check the details before saving.
Review payout fees →
The payout method tells WeList where the broker wants to receive payouts.
This is different from the Payment Method:
| Setup | Purpose |
|---|---|
| Payment Method | Credit card used for verification and possible marketplace penalties |
| Payout Method | Destination where the broker receives payouts |
The broker must add payout details before payouts can be sent.
Choose a payout type
Brokers can choose one of the supported payout methods.
| Payout type | What the broker must provide |
|---|---|
| Revolut | Revtag, such as @alexbroker |
| Bank Transfer | Account holder name, bank name, country, address, account number, and routing/transfer details |
| Crypto | ERC-20 wallet address |
Revolut payout
For Revolut, enter the broker revtag.
Example:
| Field | Example |
|---|---|
| Payout Type | Revolut |
| Revtag | @alexbroker |
Double-check the revtag before saving. Incorrect payout details can delay payment.
Bank transfer payout
For bank transfer, enter the bank account details.
Required details may include:
- Bank type
- Account holder name
- Bank name
- Country
- Address
- Account number
- Routing number or equivalent transfer details
- Whether the account is a business account
Use details that match the broker account and payout ownership.
Crypto payout
For crypto payouts, enter an ERC-20 wallet address.
Crypto wallet addresses must be checked carefully. If the wrong wallet address is provided, funds may not be recoverable.
Payout fees
Payout fees depend on the selected payout method.
| Payout method | Fee |
|---|---|
| Revolut | 10% of the listing price |
| Wire transfer | 10% of the listing price |
| Bank transfer | 10% of the listing price + $5 processing fee |
| Cryptocurrency | 10% of the listing price + 5% crypto fee |
Example
If the listing price is $1,000, the estimated fee would be:
| Payout method | Calculation | Total fee | Estimated payout |
|---|---|---|---|
| Revolut | $1,000 × 10% | $100 | $900 |
| Wire transfer | $1,000 × 10% | $100 | $900 |
| Bank transfer | ($1,000 × 10%) + $5 | $105 | $895 |
| Cryptocurrency | ($1,000 × 10%) + ($1,000 × 5%) | $150 | $850 |
For the full payout policy and weekly schedule, see Payouts.
Before saving
Before clicking Update, make sure:
- The selected payout type is correct
- The payout details belong to the broker
- Bank details are complete and accurate
- Crypto wallet address is on the correct network
- The broker understands the payout fees for the selected method
Next step
After payment method and payout method are configured, the broker should connect Discord to receive the Broker role.
Next step: Discord Broker Role.