Scopuly

<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/338e875775a34767a5db80f834750c81.jpg" />A simple, secure and free solution to reward your customers with your tokens, bitcoin, ethereum, stablecoins and other crypto assets.<h2 id="header-0">Mass payments in cryptocurrencies are easy</h2>Get your <a href="https://scopuly.com/mass-payments" rel="noopener noreferrer nofollow">crypto payments to the masses</a>. Send rebates, freelance commissions, affiliate rewards, employee payrolls or any other type of mass payment in one wallet. As easy as pie.We all know the usual crypto payments. You chose the wallet from which you will pay, entered the recipient’s address, indicated the amount, if necessary, a memo and sent the transaction to the network.But what if you, for some reason, need to send the same type of payments, for example, to 100 different recipients at once?If you send 100 payments one at a time, you will lose a lot of time. It can take you 2 to 3 hours to send 100 payments using the standard method. You also need to take into account possible network errors, retries, and as a result, you lose a lot of time and effort that could be spent on more important business tasks.<h2 id="header-1">Crypto wallet Scopuly solves this problem for you!</h2>Recently, the Scopuly team launched a mass crypto payment service. This allowed sending up to 100 payments simultaneously in one transaction. You can add a memo to a group of such payments and all recipients will see your note for the payment.To specify a group of recipient addresses, you need to enter a list of Stellar addresses in the Addressess field, each on a new line. After that, the system will calculate and display the amount of fees for this transaction, after which you will need to confirm your decision to send a payment and the transaction will be sent to the network.If you prepare the list of addresses in advance in the correct format (each address on a new line), then it will take you no more than 3 minutes to send 100 payments.Currently, you can send a maximum of 100 payments at a time. But in the near future we will expand this functionality to 1,000 payments! ⚡<h2 id="header-2">Let’s take a closer look at how it works</h2><h2 id="header-3"></h2><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/0fa3242bd76749e2ab5434a07c497aec.png" />Stellar is a fast, green and economical blockchain. Stellar has such entities as Transactions and Operations. One transaction can include up to 100 different operations. That is, in one transaction, you can send a payment, buy a token, sell a token, swap one asset for another, and so on.In this example with payments, one transaction will include up to 100 transactions of the Payment type. Thus, only 1 transaction can deliver your payments to 100 recipients at the same time &#x1f525;In bulk payments on Scopuly, you can use 2 different payment types: Payment and <a href="https://developers.stellar.org/docs/encyclopedia/claimable-balances" rel="noopener noreferrer nofollow">Claimable Balance</a>.<h2 id="header-4">Let’s take a look at the difference between these two payment methods</h2>Payment is a regular payment that is irrevocably delivered to the recipient’s address. In this case, nothing is required from the recipient — the payment is immediately delivered to his address.Claimable Balance — this payment is not immediately delivered to the recipient’s address and may be delayed in time. Such a payment is sent to the recipient’s address, but in order to use the received asset, it must be claimed by pressing the Claim button, after which the asset will appear on the recipient’s balance.<h2 id="header-5">Why Claimable Balance payments are interesting</h2>In Stellar, in order to receive assets through payments from other people, you need to have this asset on your balance (<a href="https://developers.stellar.org/docs/fundamentals-and-concepts/stellar-data-structures/accounts#trustlines" rel="noopener noreferrer nofollow">trustline</a>). But what if someone wants to send you an asset that is not on your balance sheet? The fact is that there are times when you need to make an airdrop for your current or future clients. Most likely not all recipients will have a trustline to the token you want to send.Before that, you would have to contact each recipient individually and explain to him how he can get a trustline for the token you want to send him.But with the advent of mass payments on Scopuly, you just need to select the “<a href="https://developers.stellar.org/docs/encyclopedia/claimable-balances" rel="noopener noreferrer nofollow">Claimable Balance</a>” payment method, specify the asset, amount and list of recipients and send the transaction. After that, all your recipients will see in their wallets that a “Claimable Balance” payment has arrived, after which they will simply need to claim this payment. Even if there was no trustline to the token, this will be added automatically and your asset will appear on the user’s balance.<h2 id="header-6">For whom it may be useful</h2><h2 id="header-7"></h2><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/fcf21dd0bde547fd9a9001e298ec6d58.png" />There are always many counter agents in business: suppliers, customers, partners, loyalty programs, etc. It is often necessary to send some bonuses, cashback, loyalty points, airdrops and other payments to customers that need to be made for a large group of recipients.<h2 id="header-8">This is where Stellar and Scopuly come to your rescue.</h2>BudgetPay less fees than traditional fiat and crypto mass payment solutions.Faster than fiat and cryptoSend global payouts faster than legacy payment systems.Global payoutsCross-border mass payments to anyone, anywhere; Send cryptocurrency to any country in the world.Flexible payment optionsSend bulk payments in your tokens or top cryptocurrencies to any wallet.Rewards, discounts and cashbackOffer crypto shopping incentives to customers with your brand.What currencies are supported?You can make mass payments with any Stellar tokens &#x1f31f;How much are fees?It’s completely free. Yes. Scopuly does not charge transaction fees. You only pay a tiny amount for Stellar fees. For 100 Stellar payments, fees will be within $0.001 &#x1f525;. You can say it’s free.<a href="https://scopuly.com/mass-payments" rel="noopener noreferrer nofollow">Test mass payments on Scopuly</a> and leave your feedback &#x1f44d;Thank you for reading to the end!Subscribe to social networks:&#x1f539; Twitter: twitter.com/scopuly&#x1f539; Telegram: t.me/scopulynews&#x1f539; Medium: medium.com/&#64;scopulyplatform&#x1f539; YouTube: youtube.com/&#64;scopuly

Mass crypto payments on the Stellar blockchain using the non-custodial DeFi platform Scopuly

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Scopuly

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