SkyPrivate Expands Crypto Payout Options

CYBERSPACEModels and studios can now withdraw smaller amounts faster using the new Layer 2 withdrawal methods availabld from cam site SkyPrivate.

SkyPrivate has recently updated its list of crypto payout options, adding Ethereum, USDC and USDT Layer 2 payouts. The company explaind that a layer 2 scaling solution helps alleviate the delayed payouts and high transaction fees caused by the congestion on the Bitcoin network, which has presented a challenge for the company in delivering on its 24-hour withdrawal processing time promise for Bitcoin payouts.

SkyPrivate went on to explain what the new protocol (Layer 2) specifically means for models utilizing the platform:

• 24-hour turnaround following withdrawal requests and a lower minimum balance required ($50).
• The minimum balance for Bitcoin payouts will be set to $500 starting May 1.
• SkyPrivate has added Ethereum as a payout option in Layer 1 (in addition to Bitcoin) with a minimum payout of $500.
• Models can now cash in within 1 week (instead of 2) if they choose one of the bank transfer methods available on SkyPrivate.
• Models can now cash in within 3 days (instead of 7) if they choose one of the wallet-based payment methods available: Paxum (USD) and ePayService (EUR).

For more information regarding the new Layer 2 withdrawal methods on SkyPrivate, click here.