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Understanding Payout Spins on Blidz
Understanding Payout Spins on Blidz
A
Written by Angela
Updated over a week ago

What is a Payout Spin?
A Payout Spin is a special feature for Blidz users, enabling them to transfer their Blidz Cash directly to their PayPal or bank accounts, converting virtual earnings into real money. Visit this page to access the feature.

Exploring Payout Balance
The Payout Balance signifies the sum of money a user can transfer to their PayPal or bank account. The currency aligns with the user's chosen currency in the app settings, with an initial amount starting at $0 for each user.

Users can boost their Payout Balance by utilizing the spin wheel, which determines the portion of Blidz Cash available for withdrawal.

Who Qualifies for the Payout Spin?

  1. Sign Up to Spin: New users receive a complimentary spin upon signing up, followed by one free spin each day. Number of free spins is limited, but users get involved in our app daily have a shot at snagging free spins! The more users engage with us, the higher chances of scoring those awesome rewards. The next free spin is only given after the previous spin is used

  2. Share to Spin: Sharing their referral link with friends, users can earn an additional spin when the referred user signs up successfully.Click the button at the bottom of the payout page to share

  3. Join to Spin: Join our special credit card offer plan to earn 1 free spin (launch soon)

Requirements for Cash Withdrawal through Payout Qualifications:
To withdraw, users must be at least a trial member of Blidz and possess a verified and valid PayPal account (current version) or a bank account (launching soon).

  1. Steps: Qualified users can click on the "Start Payout" button and follow the provided instructions. Users are limited to one withdrawal per day.

  2. Threshold Levels: There is a fixed threshold for payout amounts, users need to reach a certain withdrawal threshold to initiate a payout. For security reasons, we reserve the right to adjust the withdrawal threshold without prior notice, such as additional monthly withdrawal limit.


Important Points:

  1. Users can initiate a withdrawal only when their Blidz Cash equals or exceeds their Payout Balance.

  2. Upon a successful withdrawal, an amount equal to the Payout Balance is deducted from the user's Blidz Cash.

  3. If the Payout Balance surpasses the Blidz Cash amount, users cannot withdraw until their Blidz Cash is replenished to equal or exceed the Payout Balance.

  4. Trial members are limited to one withdrawal. To withdraw more than $1, user has to be an authenticated Blidz+ member.

















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