Automatic settlement pays out each successful trade from your Breet business account, so you don’t have to place withdrawals yourself. You can settle in fiat (to a bank account) or in stablecoin (to an external wallet address). Only one can be on at a time.
Fiat settlement
After each successful trade, the Naira or Cedis is sent to a bank account. Deposits are routed in one of two ways:
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Per-address: Deposits to a wallet address that has its own settlement bank account go to that account. You set this up through the API when you generate the address. See: Auto-settlement API documentation
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Business-wide: All other deposits go to one bank account. To turn this on, go to “Settings” > “Automatic Settlement” and select your bank account.
Fiat settlement only pays out deposits that settle to your Naira or Cedis wallet. Deposits that settle to your USD wallet stay in your USD wallet.
Please Note: If a payout is below ₦2,000 (GH₵50 for Cedis), the settlement fails and the funds stay in your wallet.
Stablecoin settlement
After each successful trade, the funds are sent as either USDT or USDC to your preferred stablecoin wallet address. Stablecoin settlement works when:
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Business-wide automatic settlement is on, and
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You’ve added a preferred stablecoin wallet address.
Each payout has the same network fee as a USD withdrawal:
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TRON (TRC20): $4.00
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Ethereum (ERC20): $0.10
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BSC: $0.10
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Solana (SOL): $0.30
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Base: $0.10 (USDC only)
To turn off business-wide automatic settlement, you’ll need to enter a verification code from your email or authenticator app.