Create Prefunding for Payouts

Prefunding

To make payouts in any currency, you first need to have a balance in your account. You can add funds to your account by prefunding it with either fiat (like USD, EUR) or cryptocurrency (like BTC, ETH). TransFi supports both types of funding.

Crypto Prefunding

For cryptocurrency deposits, you can call this API. You will get a dedicated wallet address in response, to which you can send the amount that you passed while creating this prefund-order.

curl --request POST \
     --url https://sandbox-api.transfi.com/v2/prefunds/create-crypto-prefund \
     --header 'accept: application/json' \
     --header 'MID: ABCDEF_NA_NA' \
     --header 'authorization: Basic abcdef123abcdef' \
     --header 'content-type: application/json' \
     --data '
{
  "sendersWalletAddress": "0x000000000000000000000000000000000000dEaD",
  "cryptoTicker": "USDC",
  "amount": 5000,
  "partnerId": "AB-12345678",
  "balanceCurrency": "EUR"
}
'

{
  "orderId": "PF-1234567890123456789",
  "walletAddress": "0x000000000000000000000000000000000000dEaD"
}

Fiat Prefunding

For fiat deposits, the TransFi team will provide you with payment details based on the currency and payment method you choose. These details will allow you to transfer your funds and prefund your account in the selected fiat currency.

Sandbox Prefunding

To test payouts, prefunding balance is required. This API will help to prefund dummy balance.

If you need more information on how to add funds or which currencies are supported, feel free to contact the TransFi team.