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I believe it is marked as "closed" on BountySource because it was marked as accepted and assigned to you on Trac. But it doesn't mean the money are gone, it's still waiting for your completion of the feature. There is still "Did you solve this issue? [Claim Bounty]" button, so you can use that.
I submitted a cash out request. When will I be paid?Cash out requests are processed every Friday. Any request submitted before the start of Friday (Pacific Time) will be processed.I chose to be paid in a non-USD currency (e.g. Bitcoin). When will the conversion happen and what is the rate?Conversions happen in real-time the moment cash out requests are processed by the Bountysource team. Conversions are done by our payment processors, currently Coinbase for BTC and Ripple Trade for XRP.