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Difference of Pending, Available, and Reserved Perspire Coins
Difference of Pending, Available, and Reserved Perspire Coins

This article will describe the difference of Coin totals in your Balance account.

Stephen Sullivan avatar
Written by Stephen Sullivan
Updated over 2 weeks ago

As a trainer, comprehending the significance of these distinctions is pivotal in managing your earnings and ensuring a smooth financial experience. Let's delve into the details and shed light on how each type of coin impacts your financial journey on Perspire.tv.

Pending Coins:

Pending Coins represent the amount you've earned through your sessions, videos, and subscriptions, but they have not yet been processed for deposit in your Coin Wallet. While pending, these Coins are awaiting review and verification before they can be moved to your Available or Reserved balance. This process also help avoid having to debit the Trainer's account if there are refund requests that are approved. Keep in mind that the processing time for pending Coins is 72 hours.

Available Coins:

Once Pending Coins are deposited they will be reflected in your Available Balance. Available Coins as yours to use how you choose. You can choose to use those Coins on the platform or send them to your Reserved Balance to be converted to USD and paid out to your Stripe account.

Reserved Coins:

When you transfer part or all of your Available Balance to your Reserved Balance, you're setting aside a specific amount of Coins. This chosen amount will be converted into USD and sent to your connected Stripe account as part of our automatic payouts.

Our automatic payouts take place like clockwork on the 1st and 15th of each month. So, if you've set aside Reserved Coins, you can rest easy knowing that the designated amount will be processed and sent your way on these scheduled payout dates. Changes to your Reserved Balance can be made anytime leading up to the payout date (1st or 15th). More on How to Reserve Coins Here.

In essence, Pending, Available, and Reserved Coins collectively form a dynamic system that streamlines your financial interactions on Perspire.tv. By understanding the distinctions between these types of Coins, you can make informed decisions about when to access your earnings and ensure a seamless financial journey as you continue to inspire and connect with your audience.

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