TLDR Crypto · INNOVATION & LAUNCHES

BEAM INTRODUCES INSTANT PAYOUTS

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Summary from the TLDR Crypto newsletter

Beam has launched a product called Instant Payouts. Instant Payouts allows users to send crypto from their cold or hot wallets directly to their debit card and receive funds on the same day. Beam charges a 1% fee, similar to Venmo and CashApp. Instant Payouts is live on Ethereum, Solana, Avalanche, and Polygon.