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Author Topic: Using Bitwage to get paid in bitcoin  (Read 1735 times)

Offline God Of Thunder

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Re: Using Bitwage to get paid in bitcoin
« Reply #15 on: August 15, 2024, 03:32:15 PM »
So if I'm understanding you correctly, you want to receive international transfers, right? Or did I get that wrong?

I'm not sure how they work over there, but from my general knowledge, those kind require you to fill in a little more information like address, as opposed to a domestic transfer.

Yes. You got it. I want to receive an international transfer.
A couple of my friends recently got a job at a construction company in Uzbekistan, and they receive their salary directly from their Bangladeshi bank account. Whenever they receive their salary as remittance, they also get an extra 2.5% from the government. But as you know, the banks never give good exchange rates, so this 2.5% extra helps them a little bit. Many of us are working freelance or remotely.

However, the government recognizes a person as a freelancer only if they receive international payments via banks. I never needed to be recognized as a freelancer. However, during the internet blackout, the dictators announced that they would provide internet access only to freelancers. I am glad that the rule of the dictator has ended.
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Re: Using Bitwage to get paid in bitcoin
« Reply #15 on: August 15, 2024, 03:32:15 PM »

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Offline Pastaral

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Re: Using Bitwage to get paid in bitcoin
« Reply #16 on: August 26, 2024, 12:10:44 PM »
In my opinion, the project of getting paid by Bitcoin can be an interesting option especially for foreign freelancers.  However, Bitcoin is convenient for global transactions and therefore gaining worldwide acceptance, but it is important that you carefully consider whether it is legal or illegal in your country.  Again, Bitcoin can be a source of risk for you, so you should consider these things carefully before using it.

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Re: Using Bitwage to get paid in bitcoin
« Reply #16 on: August 26, 2024, 12:10:44 PM »

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Online SmartGold01

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Re: Using Bitwage to get paid in bitcoin
« Reply #17 on: August 28, 2024, 10:44:02 AM »
Has anyone considered or have tried out using Bitwage in order to convert a part of their salary to bitcoins?

This is their website:

https://www.bitwage.com/

They allow you to use your payment from any US-based employer and convert part of it into bitcoin holdings and some Fortune 500 companies are using it.

I hear it's available in other countries as well.

So what do you think about this?
This is a win win for bitcoin growth and adoption, though it would be better they expand their services to countries like Africa such as Nigeria that is a major key player in bitcoin and cryptocurrencies at large, even though the government is not that friendly with the bitcoin transactions yet billions of Naira are being recorded on weekly/monthly basis on bitcoin and cryptocurrency trading at large, So I think it would be ideal for their services to expand to other countries.

 

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