How to Use the Send Option on CoinGate?

The Send feature is designed for business accounts to make crypto payouts to third parties — such as partners, vendors, or contractors. To initiate a payment, a beneficiary must first be created and saved under your account. This functionality is available under the Payouts section of your dashboard.

 Step 1: Add a Beneficiary

Before sending funds, you need to create a beneficiary profile:

1. Go to Payouts > Beneficiaries.

2. Click “Add new”.

3. Fill in all required fields:

   • Currency

   • Blockchain platform

   • Wallet address

   • Recipient details (name, surname, country, etc.)

4. Click Save.

The beneficiary will now appear in your contact list for future use.

 Step 2: Start a Payment

1. Go to Payouts > Send payment.

2. Select a saved beneficiary.

3. Click Continue to open the payment form.

Step 3: Enter Payment Details

• Choose the currency and account to send from.

• Enter the amount to send.

• Fill in the purpose of payment (required).

• Network and fees will be calculated automatically.

Then click Review payment.

Step 4: Review and Send

On the Payment overview screen, you will see:

• Beneficiary name and wallet

• Network

• Purpose

• Exchange rate (if currency conversion is involved)

• Fees (exchange + transfer)

• Total payment amount

• A countdown timer (60 seconds) showing how long the exchange rate is locked

✅ If the quote expires before you click Send payment, you’ll see a message prompting you to Refresh quote to get a new rate.

Once all looks correct, click Send payment to confirm the transaction.

Step 5: Track Sent Payments

All your outgoing transfers are recorded under:

Payouts > Outgoing payments

In this section, you can:

• View each payment’s status (Completed, Expired, Unconfirmed)

• Resend already completed payments

• Confirm any unconfirmed transfers

• Use filters to sort by date, amount, currency, and status

This gives you full control over payment history and allows easy follow-up on each payout.

Additional Tips

• You can only send funds from your available CoinGate balances.

• Payments are final once sent — double-check details before confirming.

• Beneficiaries are saved for future use and can be managed under Payouts > Beneficiaries.