# Prize Payouts All Checkmate payouts are in USDC or equivalent and paid to your preferred digital wallet unless the type pf prize is provided by a partner.
What Description
USDCUSDC, or USD Coin, is a type of cryptocurrency known as a stablecoin pegged to the US Dollar.
WalletA digital asset wallet that can hold collectables and USDC. Checkmate recommends the use of non-custodial wallets.
Prize Payments Prize pool payments are made at the end of the Fair Play window. Payments are processed the following Thursday after the integrity window has closed to your registered wallet.
Tax Players may be required to complete any relevant tax form subject to their jurisdiction before the payments will be released.
Tipping Players who are tipped will receive credits paid to their internal wallet.
Before you can make a withdrawal, you will need to complete an identity verification process. This is in place to follow anti-money-laundering and anti-terrorism policies and prevent fraudulent behaviour in general. These are regulations we must conform to by law. \
--- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://playbook.checkmate.live/passes-and-rewards/prize-payouts.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.