Binance pays you in cryptocurrency, USDC, into your Binance wallet.
Start from Payment Accounts, click Add New, select Binance and click Next.
Before you go further: crypto payouts are currently available for invoices only, and a crypto withdrawal carries a payout fee on top of the standard commission. See fees and pricing.
Connect or create
If you already have a Binance account, select Connect your existing account, read the terms, and click Next.
The terms you’re agreeing to say that declaring any income you generate through cryptocurrency is your responsibility, that you’ll follow the regulations and tax rules for crypto assets where you live, and that Ruul takes no responsibility for legal or tax obligations arising from your crypto payouts.
If you don’t have one yet, select Create a new account and click Next. You’ll be sent to Binance to register, then you come back and connect it.
Done
Once connected, your Binance account appears under Payment Accounts, ready to receive crypto payouts.
Good to know
- Only invoices can pay out in crypto today. A subscription needs a different payout account.
- The exchange rate and any Binance-side fees are between you and Binance. Ruul sends the USDC amount shown on the invoice.
- If you would rather hold Digital Dollars in a wallet with a virtual bank account attached, MiniPay is the other crypto option.
Frequently asked questions
Which currency do I receive?
USDC into your Binance wallet.
Is there an extra fee for crypto payouts?
Yes. A crypto withdrawal carries a payout fee on top of the standard commission. See fees and pricing for the current figure.
Can I use Binance for subscriptions?
Crypto payouts are currently available for invoices only.
Who handles the tax side of crypto income?
You do. When you choose a crypto payout you accept that declaring the income and following the rules where you live is your responsibility.
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