What Is OxaPay's Payout API And How Can It Be Used?

OxaPay's payout API is a feature that allows users to mass transfer crypto assets to other users automatically. This feature is particularly useful for webmasters.

To generate a new API, observe the following points:

1) Login to your account and click on "payout API" on the left menu

2) choose a name for your API

3) You can define some IP addresses that only requests sent from these addresses are validated. It is recommended to do this to increase the security of your account and API keys.

4) The Total daily transfer limit field is used to limit the transfer amount in the last 24 hours. Note that this amount is defined in dollars and when transferring different currencies, their dollar equivalents are included.

5) The Transfer limit per transaction field is defined in dollars to create a limit for each transfer transaction.

Internal payout API:

This feature is especially beneficial for webmasters who need to make micropayments to their users. The internal Payout API offers the capability to transfer with zero fees and without any limits.

External payout API:

This feature enables users to automate mass transfers of crypto assets to other users. However, please be aware that this option incurs fees and has limitations on the amount that can be transferred.

For more technical information, you can read our documents