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Split Settlement

Accept Bitcoin and receive a portion of funds in USD.

Updated over 4 months ago

What is Split Settlement?

Split Settlement allows you to split each incoming payment into a precise allocation of Bitcoin and USD at the time of transaction.

How does it work?

While automatic conversion converts 100% of the Bitcoin accepted into local currency, Split Settlement allows you to choose a percentage to keep in Bitcoin.

  1. Log in to your OpenNode dashboard.

  2. Go to Settings, then Payments.

  3. Use the toggle to enable Split settlement.

  4. Select the percentage that you'd like to retain in BTC. For example, if you select 66% as your BTC settlement ratio, when you receive a payment worth $100 USD you will receive $66.00 worth of BTC and $34.00 worth of USD (minus applicable processing fees)

Image of the Split Settlement Module on the OpenNode platform

5. Enter your 2FA, and click "Save changes".

How do I disable split settlement?

To disable split settlements:

  1. Log in to your OpenNode account

  2. Go to Settings, then Payments.

  3. Use the toggle to disable Split settlement.

Have questions? Let us know!

You can email us at support@opennode.com or use the chatbot at the bottom right of any OpenNode dashboard page.

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