Prop Firm Crypto Payouts: How to Get Paid in USDT

Clarity Traders pays rewards in USDT, the dollar-pegged stablecoin, sent to your own wallet on the Ethereum network. If you've never been paid in crypto before, this guide covers what you need, how a payout request works and the mistakes that can cost you money.

Key takeaways

• Rewards are paid in Tether (USDT) on the Ethereum network (ERC-20).
• You can request a payout every 14 days, or weekly with Express Payouts.
• Verify your identity (KYC) before your first request.
• Double-check your wallet address: crypto sent to a wrong address can't be recovered.

What you need before your first payout

• A wallet that supports USDT on Ethereum (ERC-20). This can be an exchange account or a self-custody wallet. Check that the address you copy is for the Ethereum network, not another chain.
• Identity verification (KYC). Complete it in your dashboard before your first request.
• At least 7 trading days on your funded account.

How a payout request works

1. Request your payout from your dashboard once you're eligible.
2. The request is reviewed to check your trades followed the rules, including the consistency rule.
3. Once approved, your share is sent in USDT to the wallet address in your dashboard.

Your share depends on your reward split: 70% on your first payout, 80% on your second and 90% after that, or 100% with the 100% Rewards add-on. Check what you'd receive.

Why USDT?

USDT is designed to track the US dollar, so the amount you're paid doesn't swing with crypto prices the way Bitcoin or Ether would. It can be sent worldwide, and many exchanges let you convert it to your local currency.

Mistakes to avoid

• Wrong network. Sending ERC-20 USDT to an address on another network can mean losing it. Use an Ethereum (ERC-20) address.
• Typos in the address. Always copy and paste, then check the first and last few characters.
• Leaving KYC until the last minute. Do it early so it doesn't hold up your first request.

Taxes and conversion

How crypto income is taxed depends on where you live, so check with a local tax adviser. Exchanges may charge fees to convert USDT to your currency or withdraw to a bank.

See the steps, your split and the consistency check.
How payouts work →

Frequently asked questions

Which network do you pay on?

Ethereum, as USDT (ERC-20).

How often can I be paid?

Every 14 days, or weekly with the Express Payouts add-on.

What if I enter the wrong wallet address?

Crypto sent to a wrong address can't be recovered, so check your address carefully before requesting.

All Clarity Traders accounts are simulated and use virtual capital. Rewards are based on simulated performance. This article isn't tax advice. Trading involves substantial risk.