At Upcomers, our goal is to provide a smooth and transparent payout experience for every trader. Because payouts involve operational costs that differ based on payout method, we have introduced a clear and consistent fee structure.
This article explains exactly what those fees are and why they exist.
Available Payout Methods & Fees
1. Bank Transfer (IBAN)
We offer global bank transfers to almost any country worldwide.
Fee: 19.9 USD + 2.49% processing fee
This remains our primary and most streamlined payout channel.
2. Cryptocurrency
For traders who prefer to receive their earnings in crypto, we also support cryptocurrency payouts.
Fee: 19.9 USD + 10% processing fee
Why These Fees Exist
We believe every trader deserves clarity and fairness, especially when it comes to payouts. Below is the reasoning behind our structure:
Most traders pay traditionally but withdraw in crypto
More than 90 percent of traders fund their challenges using traditional payment methods. However, the majority of payout requests arrive in cryptocurrency.
To accommodate this preference, we must:
Maintain dedicated crypto liquidity reserves
Perform conversions between fiat and crypto
Manage operational infrastructure for crypto transactions
Handle volatility and liquidity spread risks
Keep compliance and security systems in place for both methods
All of these processes carry significant operational costs.
Our Commitment to You
These fees are not a profit center. They simply allow us to continue offering both payout methods sustainably, without compromising service quality for anyone.
We remain committed to:
Providing multiple payout options
Maintaining fast and reliable processing
Keeping our system transparent and fair
Delivering the high-quality experience traders expect from Upcomers