Can you pay with crypto on Whop?
Updated
The short answer
Yes, you can pay with crypto on Whop. Buyers can use cryptocurrencies like Bitcoin and Ethereum at checkout, depending on what the seller enables and where you live. Sellers can also choose crypto for their payouts. However, Whop strictly bans anyone from selling cryptocurrency or NFTs on the platform.
How buyers pay with crypto
When you buy a product on Whop, the checkout screen shows your available payment methods. These depend on your location. Whop supports options like credit cards, Apple Pay, PayPal, Cash App, and cryptocurrencies such as Bitcoin and Ethereum. If crypto is available for that item, you can select it during checkout.
You do not need special tools to finish your purchase. You just follow the checkout steps on the screen to send your payment. Keep in mind that payment methods vary by region, so you will only see crypto if it works in your country.
How sellers receive crypto payouts
Whop has no monthly fee for creators. Sellers pay payment processing fees for each sale and a fee for payouts. Whop lets sellers choose how they withdraw their earnings. Available options include next-day bank transfers, instant payouts, Venmo, wire transfers, and cryptocurrency. You should check their pricing page for current numbers on payout fees.
Whop may pause or delay your payouts if your account goes through a review. They might ask for your ID, bank statements, or tax details. Your status will show as pending, approved, rejected, or action required. If you do not reply, Whop can hold your funds.
Why you cannot sell cryptocurrency on Whop
Even though you can spend crypto or take crypto payouts, you cannot sell crypto on Whop. Whop has a clear list of prohibited items. The platform bans selling cryptocurrency and NFTs. It also bans unregistered financial services, pyramid schemes, gambling, and debt repair.
Whop exists to sell communities, digital files, software, clipping campaigns, and courses. If you try to sell crypto tokens, coins, or digital collectibles, Whop will ban your store. Make sure you only sell allowed products so your account stays in good standing.
Selling digital files with a store app
If you want to sell files on Whop, you can use Whop apps. Any developer can build an app for the platform. One helpful option is MKKT, an app for Whop sellers. With MKKT, you upload a file, set a price or make it free, and get a store link.
The best part for your customers is convenience. Buyers can use your a store app store link to download files without needing a Whop account. This makes checkout quick and simple for anyone who wants your content.