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
- You must be located in a supported jurisdiction
- Your country must not be subject to U.S. sanctions
- 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:
- We'll automatically create a NMC account for you
- You'll receive an email from NMC to complete verification
- Follow NMC's instructions to verify your identity
3. Accessing Your Funds
Once your funds are transferred to NMC:
- Log in to your NMC account
- Complete identity verification (if not done already)
- Link your bank account
- 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