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Withdrawing Your Funds

Current Limitations

  • Withdrawal Fee: 10% fee applies to all withdrawals
  • Maximum Amount: $600 total limit (temporary until 1099 tax form support is implemented)

Overview

BountyBot uses New Money Company (NMC) for processing all payouts. When you request a withdrawal, your funds will be transferred to your NMC account, which you can then withdraw to your bank account.

Eligibility Requirements

Important Notice

  1. You must be located in a supported jurisdiction
  2. Your country must not be subject to U.S. sanctions
  3. You must complete NMC's identity verification (KYC) process

Withdrawal Process

1. Request a Transfer

Required Information

To initiate a transfer to your NMC account, you'll need:

  • Amount to withdraw (subject to the $600 limit)
  • Your full legal name
  • Email address associated with your BountyBot account

2. NMC Account Setup

First-time Setup

If this is your first withdrawal:

  1. We'll automatically create a NMC account for you
  2. You'll receive an email from NMC to complete verification
  3. Follow NMC's instructions to verify your identity

3. Accessing Your Funds

Once your funds are transferred to NMC:

  1. Log in to your NMC account
  2. Complete identity verification (if not done already)
  3. Link your bank account
  4. Initiate withdrawal to your bank

Support Note

  • BountyBot support can assist with the initial transfer to NMC
  • For NMC-related issues (verification, bank transfers), please contact NMC support directly
  • Check supported regions for the most up-to-date payout availability