diff --git a/cronjobs/liquid_payout.php b/cronjobs/liquid_payout.php
new file mode 100644
index 00000000..f357c766
--- /dev/null
+++ b/cronjobs/liquid_payout.php
@@ -0,0 +1,57 @@
+#!/usr/bin/php
+<?php
+// Change to working directory
+chdir(dirname(__FILE__));
+
+// Include all settings and classes
+require_once('shared.inc.php');
+
+// Check For RPC Connection
+if ($bitcoin->can_connect() === true){
+$dBalance = $bitcoin->getbalance();
+// Check Wallet Balance
+$log->logDebug("The Wallet Balance is " .$dBalance. "\n");
+$dGetInfo = $bitcoin->getinfo();
+
+// Check for POS Mint
+if (is_array($dGetInfo) && array_key_exists('newmint', $dGetInfo)) {
+$dNewmint = $dGetInfo['newmint'];
+
+$log->logDebug("Current Mint is: " .$dNewmint);
+} else {
+  $dNewmint = -1;
+}
+} else {
+  $dBalance = 0;
+  $dNewmint = -1;
+  $log->logError('Unable to connect to wallet RPC service');
+}
+
+// Fetch locked balance from transactions
+$dLockedBalance = $transaction->getLockedBalance();
+$log->logDebug("The Locked Wallet Balance for Users is: " .$dLockedBalance. "\n");
+
+// Fetch Final Wallet Balance after Transfer
+$dFloat = $dLockedBalance + $config['coldwallet']['reserve'];
+$dThreshold = $config['coldwallet']['threshold'];
+$sendAddress = $config['coldwallet']['address'];
+
+$log->logDebug("The Locked Wallet Balance & Float amounts to: " .$dFloat. "\n");
+
+// Send Liquid Balance
+$send = $dBalance - $dFloat ;
+$log->logInfo("Final Sending Amount is : " .$send. "\n");
+
+if($send > $dThreshold){
+        if($sendAddress !== ''){
+                $bitcoin->sendtoaddress($sendAddress, $send);
+        }
+        else {
+                $log->logInfo("No wallet address set\n");
+        }
+}
+else{
+        $log->logInfo("Final Sending Amount Not Exceed threshold : " .$send. "\n");
+}
+?>
+