Payout Currency
Default Currency Settings
By default, a withdrawer’s currency is determined by the country they select during verification. After verification, each withdrawer record will include two currency-related fields, which can be accessed through the Get Withdrawer endpoint:
originalCurrency: The default currency automatically assigned by Coinflow based on the country selected during verification.currency: The withdrawer’s current currency setting. If the currency has never been changed, this will be the same asoriginalCurrency.
Default Currency Mapping
| Country Selected During Verification | originalCurrency |
|---|---|
| United States | USD |
| European Union | EUR |
| United Kingdom | GBP |
| Brazil | BRL |
Changing Withdrawer Currency
- USD: Can only be set by users who completed verification with a U.S. ID.
- BRL: Can only be set by users who completed verification with a Brazilian ID.
- EUR: Can be selected by any user, but payouts will only succeed if the withdrawer links a euro-denominated bank account.
- GBP: Can also be selected by any user, but payouts will only succeed if the withdrawer links a GBP-denominated bank account.
Allowed Currency Changes by Verification Type
| Verification Type | Can Set USD | Can Set BRL | Can Set EUR | Can Set GBP |
|---|---|---|---|---|
| U.S. ID | Yes | No | Yes | Yes |
| Brazilian ID | No | Yes | Yes | Yes |
| EU or UK ID | No | No | Yes | Yes |
| Other (non-US, non-BR) | No | No | Yes | Yes |
Changing Currency via Coinflow’s UI
Withdrawers can also change their currency directly through the Coinflow UI. To do this, they can click the dropdown in the top-left corner of the modal (next to the country flag) and select an available currency based on their verification status.