Instant Settlement is a feature available for the following coins: Bitcoin, Bitcoin Cash ABC, Litecoin, Ethereum, and XRP. This article shows how you can enable or disable Instant Settlement and configure your settlement options.
What is Instant Settlement?
Instant Settlement means when you receive a cryptocurrency payment, the cryptocurrency received will be converted to fiat using the market rate at the time of transaction, thereby eliminating crypto market volatility and liquidity risk. Currently, Instant Settlement is an option offered for the following coins: Bitcoin, Bitcoin Cash ABC, Litecoin, Ethereum, and XRP. Click here if you would like to learn more about Instant Settlement.
How to Disable Instant Settlement
By default, Instant Settlement is enabled for Bitcoin, Bitcoin Cash ABC, Litecoin, Ethereum, and XRP when you first sign up for your merchant account. If you prefer to keep the crypto payments that you receive as crypto (i.e. you do not want to enable Instant Settlement), you have the ability to disable Instant Settlement for each of those cryptocurrencies on your merchant account.
How to Configure Settlement Options
To configure your settlement options, follow these simple steps:
Step 1. Click on Settings > Settlement Options.

Step 2. Currently, Instant Settlement is only supported for Bitcoin, Ethereum, Litecoin, and Bitcoin Cash ABC, and XRP. Use the toggles to either enable or disable Instant Settlement for each of those coins based on your preferences. For all other coins, Instant Settlement is not supported and therefore automatically disabled.

Step 3. If Instant Settlement is enabled for a coin, click the link to "+ Add a Bank Account". Please ensure that you add a bank account if you want to receive the converted fiat amounts from your cryptocurrency payments into your bank account. Instant Settlement coins are automatically paid out twice a week (every Monday & Thursday) . If Instant Settlement is enabled, but no bank account is provided, you will not be paid out until you provide a bank account. If you choose to disable Instant Settlement, move onto the next step.

Step 4. For non-instant settlement coins, you can add an external wallet address simply for convenience. That way, when you manually create a payout, the address will be readily available for you to use.

Step 5. Click the 'Save' button to save your changes.
Note: A transaction is processed based on the settlement options that were defined at the time the transaction occurs. Any changes made to the settlement options will be applied to future transactions. Any transactions prior to changes in the settlement options are processed based on the settlement option at the time of the transaction.