Guides

IO Cloud Payments

This document describes how to add crypto wallets and pay using the wallet or with credit cards.

io.net offers IO Cloud users different payment methods. Users may also pay at different points in the cluster deployment process.

Table of Contents

Fees

There are fees associated with reserving GPU & CPU and for payments made in USDC.

  • Payments made in USDC are subject to 2% facilitation fee.
  • The IOG Network charges users a 0.25% reservation fee on the total cost to reserve the compute. This is added to the Renter’s cost when reserving.
    There are fees associated with reserving GPU & CPU and for payments made in $IO Coin.
  • Payments made in $IO Coin incur no fees.
  • The IOG Network charges users a 0.25% reservation fee on the total cost to reserve the compute. This is added to the Renter’s cost when reserving.
    To learn more, see IO Coin..

Additionally, all suppliers must add at least two Solana wallets to their IO ID account to be eligible for Block Rewards. You can add up to 10 Solana wallets to their account.

One Solana wallet will be designated as the Primary Wallet, which will serve as the default wallet for all transactions except Block Rewards Distribution.

For more details on adding and managing wallets, please refer to the instructions below:

Adding a Wallet for Crypto Payments

If you plan to pay using crypto, you must add a wallet to your account. Credit card users don't need to complete this step.

Connect a Single Solana Wallet

To learn how to create your own Solana wallet, check out this short guide. When you create your account, you are promoted to add a wallet. You can also skip the step and add your wallet in Account Settings.

Follow the steps below to add a wallet to your account:

  1. Click on your icon in the upper right and select Account Settings.

  2. In Account Settings, find the Solana Wallet Address block and click the Add Wallet button.

  3. In the appearing popup, enter your new Solana wallet address

  4. Click Connect to add the new address.

  1. As a result, your wallet will be successfully connected to the IO ecosystem.

Connect a Single Aptos Wallet

To learn how to create your own Aptos wallet, check out this short guide. When you create your account, you are promoted to add a wallet. You can also skip the step and add your wallet in Account Settings.

  1. Click on your icon in the upper right and select Account Settings.

  2. In the Aptos Wallet section, click Add Wallet.

  3. Enter your wallet address in the Connect New Aptos Wallet field and click Connect.

Adding Multiple Wallets

The multi-wallet feature allows you to add up to 10 Solana wallets to your IO.net account, providing flexibility in managing rewards, payments, and assets.

This is particularly useful if one of your wallets becomes inaccessible, lost, or compromised, ensuring you still receive your rewards. Additionally, you can distribute rewards across different wallets for better organization and security.

You can add up to 10 wallets to your account. Here’s how to add additional wallets:

  1. Underneath your first wallet address, find and click the Add New Solana Wallet Address link.

  2. In the appearing popup, enter your new Solana wallet address just like you did for your first wallet.

  3. Click Connect to add the new additional address.

  4. Your new wallet will be successfully added to the IO ecosystem.

Primary Wallet Address

By default, your first wallet becomes the primary one. However, if you add more than one wallet, you can set another wallet as the primary. The primary wallet will be used for Block Rewards and payment transactions instead of the old address.

To change your primary wallet, hover your mouse over the desired wallet address and click on the blue star beneath the field. The selected wallet will then become the primary one.

Removing a Wallet

You can remove any of your wallet addresses at any time. Here’s how:

  1. Hover over the wallet address you want to remove.

  2. A red Trash icon will appear. Click on it to remove the selected wallet.

  3. A pop-up will appear to double-check your action to ensure you want to remove the wallet.

🚧

If you remove your wallet from the IO ecosystem, you will no longer receive block rewards, payments, or any other rewards associated with that wallet. Please be sure to remove wallets only when necessary.

Manage funds page

In the upper-right corner of the screen, click Manage Funds.

This will open the Manage Funds page, where you can:

  • View your lifetime Block Rewards earnings for your Workers.
  • View the Block rewards already claimed for your Workers.
  • View your current Cloud balance in USDC.
  • View your current Cloud balance in $IO Coin.
  • See your Worker Earnings and Claim rewards.

List of Transactions

This section also includes a List of Transactions. You can filter transactions by date within any allowed period and by categories such as:

  • Reloaded
  • Earnings
  • Refunded
  • Withdrawal
  • Promo Credit

Additionally, you can filter transactions by sections in the IO system, such as:

  • Worker
  • Cloud

Clicking on a specific transaction will open a page with detailed information about it.

View a specific transaction

The transaction page shows:

  • Amount and type of currency received
  • Transaction type
  • Platform used
  • Status
  • Date
  • Transaction ID

Updated 2 months ago