Crypto Payments & Payouts Guide

Camyvera operates on a crypto-only payment system for instant, borderless transactions. Whether you're a seeker managing subscription payments or a maven receiving crypto payouts, this comprehensive guide covers everything you need to know about cryptocurrency payments on our platform.

Why Crypto-Only Payments?

• •Instant payouts - receive funds immediately, no waiting days for bank transfers
• •Low transaction fees - minimal blockchain fees vs. traditional payment processors
• •Global accessibility - work with anyone worldwide without currency conversion hassles
• •Privacy and security - blockchain-verified transactions with enhanced security
• •No intermediaries - direct peer-to-peer payments without third-party processors
• •24/7 availability - receive and send payments anytime, even on weekends

For Seekers: Subscription Plans

• •All seekers subscribe to monthly plans with included minutes
• •Plans: Free (300 min every month), Starter (600 min), Pro (2500 min), Unlimited
• •Pay for your subscription using cryptocurrency (USDC, USDT, ETH, BTC)
• •Manage your subscription in Dashboard > Subscription
• •Upgrade or downgrade anytime - changes take effect next billing cycle
• •Unused minutes don't roll over - use them within the month

For Mavens: Crypto Wallet Setup (Required)

• •Navigate to Settings > Payout Settings
• •Add your ERC-20 compatible wallet address (starts with 0x)
• •Supported wallets: MetaMask, Coinbase Wallet, Trust Wallet, Ledger, Trezor
• •Double-check your address - crypto transactions cannot be reversed!
• •your account must support USDC stablecoin on Ethereum network
• •You cannot go online without a configured crypto wallet

For Mavens: Setting Up a Crypto Wallet

• •Download MetaMask (recommended) from metamask.io or get Coinbase Wallet
• •Create a new wallet and securely save your recovery phrase (12-24 words)
• •NEVER share your recovery phrase with anyone - not even Camyvera support
• •Copy your account address (starts with 0x) from the wallet app
• •Paste this address in Camyvera Settings > Payout Settings
• •Verify you can see incoming transactions in your account app

For Mavens: Understanding Earnings

• •View real-time earnings in your Maven Dashboard
• •Track daily, weekly, and monthly earnings in USD equivalent
• •See breakdown by call duration and your hourly rates
• •Monitor total minutes consulted and average call length
• •Platform takes a small commission - you keep the majority
• •All earnings are calculated and paid in USDC stablecoin

For Mavens: Requesting Crypto Payouts

• •Minimum payout amount: $25 in USDC
• •Navigate to Settings > Payout Settings
• •Click 'Request Payout' and choose amount or 'Full Balance'
• •Payouts are processed instantly to your crypto wallet
• •Track payout history and transaction hashes
• •USDC is a stablecoin pegged to USD (1 USDC = $1 USD)

Converting Crypto to Cash (For Mavens)

• •Option 1: Use Coinbase - Send USDC to Coinbase, sell for USD, withdraw to bank
• •Option 2: Use Binance - Transfer USDC, convert to local currency, bank withdrawal
• •Option 3: P2P platforms - LocalBitcoins, Paxful for peer-to-peer sales
• •Option 4: Crypto ATMs - Some cities have Bitcoin/crypto ATMs for cash withdrawals
• •Consider keeping some earnings in crypto for future growth potential
• •Always compare exchange rates and fees before converting

Understanding Gas Fees

• •Gas fees are blockchain transaction costs paid to miners/validators
• •USDC payouts on Ethereum network require gas fees
• •Typical gas fee: $2-$15 depending on network congestion
• •Camyvera covers gas fees for maven payouts - you receive full amount!
• •Check current gas prices at etherscan.io/gastracker
• •Consider batching payouts (weekly) to optimize for gas efficiency

Security Best Practices

• •NEVER share your account's private key or recovery phrase
• •Use hardware wallets (Ledger, Trezor) for large amounts
• •Enable 2FA on your account app for added security
• •Verify wallet addresses character-by-character before transactions
• •Beware of phishing - only use official Camyvera domains
• •Keep your account software updated to latest version

Transaction History & Reporting

• •Access complete transaction history in your Dashboard
• •View all earnings, payouts, and blockchain transaction hashes
• •Export data to CSV for accounting and tax purposes
• •Each transaction shows: Date, Amount in USD, USDC amount, Tx Hash
• •Verify transactions on blockchain explorers (Etherscan.io)
• •Keep records for at least 7 years for tax compliance

Common Questions About Crypto Payments

• •Q: Why USDC instead of Bitcoin? A: USDC is a stablecoin (1 USDC = $1 USD), no price volatility
• •Q: Can I receive payouts in other coins? A: Currently only USDC, more options coming soon
• •Q: What if I lose access to my wallet? A: Use recovery phrase to restore - we cannot help recover wallets
• •Q: Are crypto payments legal? A: Yes, cryptocurrency is legal in most countries for payments
• •Q: Do I need to pay taxes on crypto? A: Yes, crypto income is taxable in most jurisdictions
• •Q: What's the minimum technical knowledge needed? A: Basic - if you can use email, you can use crypto wallets