Key Takeaways
- Ontop supports Wallbit as a wallet for withdrawing funds.
- Ontop operates in over 150 countries and pays in dollars.
- Bank transfers cost $6 USD per withdrawal on Ontop.
- Wallbit gives you a global account to receive Ontop payouts.
Ontop is another platform companies use to pay freelancers and remote workers who get paid from abroad. In 2025, the company topped $1 billion in international payments processed.
If your employer or client pays you through this platform, how you set up your payout method determines how much money actually reaches your account. In this guide, we cover how Ontop works, what payout methods are available, how much each one charges, and how to receive your money in Wallbit without losing cash to fees.
What Is Ontop?
Ontop is a global payroll and payments platform founded in August 2020 in Bogotá, Colombia, by Julián Torres, Santiago Aparicio, Jaime Abella, and María Camila Ramírez. Today, the company is headquartered in Miami and operates with a team distributed across 25 countries.
The platform connects companies hiring international talent with freelancers and independent contractors working from more than 150 countries.
How Does Ontop Work for Receiving Payments?
When a company hires you through Ontop, your money does not go directly to your bank account. Instead, it is first deposited into your U.S. dollar wallet within the platform. From there, you decide when and how to withdraw it.
Ontop acts as an intermediary between you and your employer: your company pays Ontop, and Ontop transfers your funds using the withdrawal method you select. This gives you the flexibility to hold your balance, wait for a better exchange rate, or withdraw immediately.
How to Set Up Your Withdrawal Method
Before receiving your first payment, you'll need to create an Ontop account and verify your identity. The process is the same for both freelancers and employees.
Complete your profile with your personal information and upload the documents requested by the platform. Once your account is verified, go to the Payment Methods section and add your preferred withdrawal option: bank transfer, digital wallet, cryptocurrency, or debit card.
You can save multiple withdrawal methods and choose a default option for each withdrawal. You can also split your balance between different accounts if you need to distribute your funds.
What Withdrawal Methods Does Ontop Offer?
Ontop offers four main ways to withdraw your balance, although availability varies by country:
- Bank transfer. Send funds to your U.S. dollar or local currency bank account. This is the most common option and costs a flat $6 USD for U.S. dollar transfers.
- Digital wallets. Including Payoneer, Wise, and Wallbit. Payoneer charges $1 USD plus 0.5% of the amount withdrawn, while Wise and Wallbit have no withdrawal fee from Ontop.
- Cryptocurrency. Withdraw USDT or USDC through the ERC-20 or BEP-20 networks for a fee of 1.2% plus the blockchain network fee.
- Debit card. Available only in selected countries and subject to a 2% fee on the total amount.
All withdrawal methods have a $10,000 USD limit per transaction, and Ontop does not process withdrawals on weekends or public holidays.
How Much Does Ontop Charge Per Withdrawal?
Ontop Withdrawal Fee Table
How Long Does It Take to Receive Your Payment?
In general, Ontop withdrawals are completed within 2 to 5 business days, although the exact timing depends on the withdrawal method and destination country. Crypto withdrawals are usually the fastest, with transfers completed in minutes.
Ontop does not process withdrawals on weekends or public holidays, so a withdrawal requested on Friday may not arrive until Monday or Tuesday.
What Is the Best App for Receiving Ontop Payments?
The good news is that Ontop already includes Wallbit among its withdrawn options, so you can set it up as your withdrawal method without any extra steps.
The process is simple:
- open your global account in the Wallbit app,
- copy your U.S. banking details,
- and add them as your withdrawal method inside Ontop.
Wallbit's Classic plan has no account opening or maintenance fees, and incoming transfers are free whether they're sent via ACH or wire transfer.
If you receive your salary from Ontop—or similar platforms like Deel or Rippling—as a recurring direct deposit into Wallbit, you'll receive Wallbit Pro at no additional cost, including preferred withdrawal and investment pricing.
With Wallbit, you can:
- keep your balance in U.S. dollars and send transfers,
- convert your funds into your local currency only when you need to,
- and spend worldwide with the international Visa card in more than 180 countries.
You'll also get access to an investment account with SIPC Excess protection of up to $75 million, allowing you to invest your money in U.S. stocks, ETFs, or Treasury securities instead of leaving it idle.
The best withdrawal method depends on your priorities. Speed, lower costs, and convenience each have different tradeoffs. If you're looking for one account that lets you receive payments, spend, and invest from a single platform, connecting Wallbit as your Ontop withdrawal destination is the most complete solution within the Ontop ecosystem.
