Creating Payouts
Last updated
Last updated
Before making an API call to create a payout, we highly recommend pre-validate the destination address format to reduce the number of errors.
It is recommended because users sometimes submit wrong addresses e.g. xyz - in such a case, the API call will result in the following error message from our API:
Please use the following endpoint to pre-validate addresses before making your POST /api/v1/pay/summary call:
When creating payout transactions, make sure that you use a unique value in the reference field for your POST /api/pay/summary call. Otherwise, the API responds with a relevant error message:
Below you can see Payout cURL examples for each one of the cryptocurrencies that Coindirect supports.
When creating USDT payouts, please specify the protool. Sending USDT to the wrong network will result in a total loss of your funds.
When creating USDT payouts, please specify the protool. Sending USDT to the wrong network will result in a total loss of your funds.
When creating XRP payouts, please specify a Destination Tag as well by appending to the "address" value via + "?dt=".
If a recipient has no destination tag, just pass "?dt=0"
Destination tags indicate the beneficiary or destination for a payment. For example, a payment to an exchange or gateway address can use a destination tag to indicate which customer to credit for the amount of the payment in that business's own systems. A payment to a merchant could indicate what item or cart the payment is buying.