If you’re a creator or merchant on Whop, ensuring you can receive your earnings smoothly is essential. One of the first steps is to set up payout payments on Whop. Whop offers multiple payout methods, including bank transfers, PayPal, and cryptocurrency, to accommodate your preferences.
Step-by-Step Guide
This guide will walk you through the steps to set up your payout payments on Whop.
1. Access the Payouts Section
There are different payout methods that you can set up for your payment. Follow the instructions below:
- Log in to your Whop Dashboard.
- Navigate to the Finances tab.
- Click on Payouts to begin the setup process.
2. Choose Your Preferred Payout Method
Whop supports various payout methods. Select the one that best suits your needs:
- Bank Transfer (via Stripe):
- Click on Setup next to Bank Transfer.
- Follow the on-screen instructions to verify your identity and link your bank account.
- Note: Payouts are processed through Stripe via ACH and are delivered in the currency your customers pay in.
- PayPal:
- In the Payouts section, switch to Other payment methods.
- Click on Setup next to PayPal.
- Follow the prompts to link your PayPal account.
- Please note that PayPal integration is only available in select countries. It has certain limitations, such as not capturing billing/shipping addresses. (Whop Docs, Whop Help Center)
- Cryptocurrency (via Coinbase Commerce):
- In the Payouts section, switch to Other payment methods.
- Click on Setup next to Coinbase Commerce.
- Follow the instructions to link your Coinbase Commerce account.
- This method supports one-time payments and does not handle subscriptions. (Whop Help Center, Whop Docs)
3. Set Your Withdrawal Preferences
- After linking your payout method, you can choose your preferred withdrawal frequency: daily, weekly, monthly, or custom intervals.
- To initiate a withdrawal, go to the Payouts section, select Withdraw to Bank, enter the amount, and confirm the withdrawal.
- Processing times may vary, but typically, funds reach your account within 3-5 business days. (Whop Docs, Whop Help Center, Whop Help Center)
4. Monitor Your Payouts
- Regularly check the Payouts section in your dashboard to track pending and completed withdrawals.
- Ensure your account maintains a positive balance to avoid any disruptions in payouts.
Setting up payout payments on Whop is a straightforward process that ensures you can access your earnings efficiently. By following the steps outlined above, you can choose the payout method that best fits your needs. You can also manage your withdrawals with ease. If you encounter any issues or have further questions, you can sign up here. Or, if you want to make money on Whop, you can sign up here.
YouTube vs Whop Earning Comparison
Content creators today have a variety of platforms to monetize their audience. Two of the most popular but very different models are YouTube. On this platform, income is largely based on ad revenue and view count. Another model is Whop, a platform for selling digital products, memberships, or exclusive content directly to fans. Each platform suits different creator strategies and audience types.
This comparison explores your potential earnings from YouTube vs Whop based on your number of viewers or fans. This helps you make a more informed choice about where to invest your energy.
1. YouTube Earnings (Per Viewer Basis)
YouTube monetization mostly comes through the YouTube Partner Program (YPP) via ads. Here’s a breakdown:
Average Earnings per 1,000 Views (CPM):
| Content Type | Average CPM (USD) |
|---|---|
| Vlogs / Entertainment | $2 – $5 |
| Tech / Education | $5 – $12 |
| Finance / Business | $15 – $30 |
- YouTube takes 45% of ad revenue, creators keep 55%.
- To earn from YouTube ads, you need at least 1,000 subscribers and 4,000 watch hours in the past 12 months.
Rough Earning Estimate from Views:
| Views | Low Niche ($2 CPM) | Mid Niche ($5 CPM) | High Niche ($15 CPM) |
|---|---|---|---|
| 1,000 | $2 | $5 | $15 |
| 10,000 | $20 | $50 | $150 |
| 100,000 | $200 | $500 | $1,500 |
| 1,000,000 | $2,000 | $5,000 | $15,000 |
Note: Earnings vary with niche, region, viewer location, and ad types.
2. Whop Earnings (Per Viewer Basis)
Whop is a creator marketplace where you can sell:
- Subscriptions (memberships)
- Digital products (courses, templates, bots, software access)
- Communities (e.g., Discord groups)
- Paywalled content or tools
Unlike YouTube, you set the price, and Whop takes a 5–10% fee depending on the plan.
Example Earnings on Whop:
Let’s say you sell a membership or product for $10/month.
| Conversion Rate | 100 viewers | 1,000 viewers | 10,000 viewers |
|---|---|---|---|
| 1% | $10 | $100 | $1,000 |
| 5% | $50 | $500 | $5,000 |
| 10% | $100 | $1,000 | $10,000 |
🔹 At 5% conversion and $10/month, 1,000 viewers can yield $500/month. This is often more than YouTube unless you’re in a high-CPM niche.
You can also offer higher-priced products (e.g., $50 one-time courses, $100/month coaching), giving more flexibility and earning potential than YouTube ad revenue.
YouTube vs Whop – Head-to-Head
| Criteria | YouTube | Whop |
|---|---|---|
| Monetization Type | Ads (CPM-based) | Direct sales (products, memberships) |
| Earnings per 1,000 viewers | $2 – $15+ (based on niche) | $0 – $1,000+ (depends on conversion) |
| Platform Fee | 45% of ad revenue to YouTube | 5–10% of sales to Whop |
| Control over Pricing | None | Full control |
| Best For | Wide audiences, passive income | Engaged followers, niche audiences |
| Income Predictability | Lower — depends on YouTube algorithm | Higher — especially with recurring sales |
| Barrier to Entry | Medium (must meet monetization rules) | Low (start selling immediately) |
Conclusion
If you’re trying to decide between YouTube and Whop for monetizing your audience, think about your content type. Also, consider how engaged your viewers are.
- Choose YouTube if you:
- Create content regularly
- Want passive income over time
- Are in a high-CPM niche (finance, business, tech)
- Choose Whop if you:
- Have an engaged niche audience
- Can offer exclusive value (tools, content, services)
- Want more control and higher earnings per customer
Bottom line:
With YouTube, you need large viewership to make significant money.
With Whop, even a small but loyal fanbase can bring high income if you offer something valuable.