Question/Issue:
How to Request Commission Payout
How to request transfer of Sky Wallet balance to my AM wallet
How to request transfer of Sky Wallet balance to my Advanced Mining Wallet
Answer/Solution:
Advanced Mining Affiliates may request for commission payout through Team portal. Any commission earned will be deposited to your Team Sky Wallet in USD. To "withdraw" or request payouts from your Sky Wallet you must submit a request BEFORE Monday 11:59 PM EDT. All requests are paid out in Bitcoin to the respective requester's Advanced Mining Wallet by Wednesday night. Member's receiving payouts will find the Advanced Mining Wallet transaction listed under Commissions.
Commission Payout Directions:
Video Tutorial
Step-by-Step Guide
Login in and navigate to Teams (if you are not already logged in):
- Start a browser window or tab and go to the Advanced Mining Profile Manager URL at https://profile.advancedmining.io. Login with your Advanced Mining member ID and password,
- After you log in successfully you should be directed to the Advanced Mining Profile Manager. (A) Go to "Sites", then (B) Click on "Team" to load the Team portal.
- From the Team portal, navigate to "My Sky Wallet":
First time payout requesters:
NOTE: Skip this section if you have already setup a Payout Method.
If you have never requested a payout before, you need to create and setup a PAYOUT METHOD.
- From Team > My Sky Wallet (A), make sure you are in Cash (B) type balance. This is your commission balance. Click on (C) "Manage Payout Method".
- From "My Sky Wallet Payout Methods", you'll need one method configured. This is an example of first time or none (so we'll have to create one).
- If you have none added, you need to add one. Click "Add Payout Method"
- The form to "Add/Edit Payout Method" will pop up. There is only one method available to choose from. That is "Advanced Mining Wallet":
- Select the only available Payout Method, "Advanced Mining Wallet", then name your method. For this example, we named it "Commission". Then check the box to "Make this method Active":
- Take note the below:
"Minimum payout amount reflects the minimum you must earn to get paid out by this payout method. Processing fee reflects the corporate fee for processing this payout method. You can enter a minimum balance to leave in your Sky Wallet at all times. The amount in your cash balance must be equal to or greater than minimum payout amount + processing fee + leave minimum Sky Wallet balance before a payout would be generated for you."
- Minimal Payout $75 (B)
- Admin Fee: $10 (C)
- Minimal Balance: $0
Example:
To request a withdrawal amount of $75 USD, Cash Sky Wallet balance must have at least $85 USD.
- Save your Payout Method, click "Save"
- Results:
NOTE: Although Payout Type may say "Printed Check", this is due to system limitation that we could not edit type as bitcoin. All payments will be as bitcoin to your Advanced Mining Wallet.
Requesting Commission Payout:
NOTE: If you have not already setup a Payout Method, see the above section, "First time payout requesters", to set one up.
- From Team, click on "My Sky Wallet" again to return to the "Sky Wallet" main menu.
- From the "Sky Wallet" menu, go to your "Cash" balance section (B), then click on "Withdraw Funds" (C).
- This brings up the "Withdraw Funds" form:
For "Withdraw Amount" enter at least $75 USD or more. Your balance must have enough to cover the withdrawal amount and the $10 administrative fee. Click "Withdraw Funds".- Example: If you enter "75" as your "Withdraw Amount", your Cash Sky Wallet Balance must have at least $85.
- Example: If you enter "75" as your "Withdraw Amount", your Cash Sky Wallet Balance must have at least $85.
- This will submit the request to process your payout.
- NOTE: Payouts are on Wednesday of each week. For more information on WHEN commissions are paid see this article: When are Commissions Paid?
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