Skip to main content

US, EU and UK Companies Can Now Pay Workers in Bitcoin Cash via Bitwage

US, EU and UK Companies Can Now Pay Salaries in Bitcoin Cash via Bitwage

Getting at least partially paid with cryptocurrency is a great way to enter the digital asset market without having to do any trading. If you are looking to earn your favorite crypto asset, Bitwage now allows American, European and British companies to pay workers in bitcoin cash following demand for more payment options.

Also Read: Binance to Add Bitcoin Cash to Its Decentralized Exchange

You Can Now Get Paid With Bitcoin Cash

International cryptocurrency payroll and human resources service provider Bitwage has recently announced the launch of bitcoin cash payrolls. This means that anyone working for a U.S., EU or U.K. employer can now receive a portion of their wage in BCH by signing up to the service. Companies can also sign up to fund payrolls in BCH or to offer BCH to their employees and freelancers.

US, EU and UK Companies Can Now Pay Workers in Bitcoin Cash via Bitwage

Earlier this year the company expanded beyond just BTC by launching support for ETH payrolls. Shortly after that it took a customer survey to learn what else its users wanted and discovered that there was demand more cryptocurrency payment options. Bitcoin cash, as a consistent top four digital asset, offering low fees and fast transactions, was a natural choice to add.

“As cryptocurrency becomes more mainstream, employees and freelancers are looking to diversify their portfolio of cryptocurrency,” commented Bitwage CEO Jonathan Chester. “Bitwage is making it easier for workers around the world to accumulate their favorite cryptocurrency, through passive dollar-cost-averaging.”

Bitwage Is Used by Workers at Facebook, Google and Uber

Bitwage has been providing direct bitcoin deposits since 2014, and reportedly already serves over 30,000 people including employees, freelancers and independent contractors. It has also reportedly raised around $1 million in total funding from a number of investors such as Draper Associates, Orange and BPI France.

According to the company’s website, the service has been used by workers of Google, Facebook, Uber, Airbnb, American Express, GE, Comcast and other corporations as well as public institutions such as the World Health Organization. Coinciding with the BCH launch, Bitcoin.com has now onboarded as an initial customer, Bitwage revealed.

US, EU and UK Companies Can Now Pay Workers in Bitcoin Cash via Bitwage

If you want to get your hands on bitcoin cash without waiting for your next paycheck, you can safely and securely purchase BCH with a credit or debit card at buy.Bitcoin.com, as well as BTC, ETH, XRP, LTC and BNB. You can also trade digital assets for cash in person or with any other payment method privately on our noncustodial, peer-to-peer marketplace, local.Bitcoin.com, or simply join our premier trading platform, exchange.Bitcoin.com.

What do you think about Bitwage enabling US, EU and UK companies to pay their workers with bitcoin cash? Share your thoughts in the comments section below.


Images courtesy of Shutterstock.


Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Bitcoin.com Markets, another original and free service from Bitcoin.com.

The post US, EU and UK Companies Can Now Pay Workers in Bitcoin Cash via Bitwage appeared first on Bitcoin News.



from Bitcoin News https://ift.tt/36qvd79

Comments

Popular posts from this blog

Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’

On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin ( BTC ) from Mt Gox littered social media platforms and headlines. Bitcoin.com News covered the situation six days ago as a number of people and Mt Gox creditors called the rumors “ fake news .” During that same period of time, a bitcoin whale transferred 10,000 BTC to unknown wallets, and a 2018 annotation , heuristics, and clustering methods show the funds likely originated from the June 2011 Mt Gox hacks. Following the mysterious whale transfer, last Wednesday, Mt Gox published an official update from the court trustee Nobuaki Kobayashi that explains the court is “currently preparing to make repayments” to creditors. Mt Gox creditors have been wait...

DefiDollar Listing on AscendEX

PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the DefiDollar Token (DFD) under the pair USDT/DFD on Apr 29 at 1:00 p.m. UTC. DefiDollar is a DeFi lab that aims to bring mass adoption to DeFi with a wide-ranging product suite. The first product offering to go live will be the stablecoin index – DUSD, with ibBTC and optionCoin currently in development. DefiDollar (DUSD) aspires to be a risk-insured stablecoin layer for DeFi. It is designed to provide a safe and stable way for users to hold their assets with DUSD being optimized for peg safety, yield, and diversification. DefiDollar uses DeFi primitives to stay close to the dollar mark. DUSD provides an avenue for diversifying stablecoin holdings to hedge against an event where the underlying stablecoins like Tether or DAI deviate from their peg. DUSD is collateralized by Curve Finance LP tokens. DFD is the n...

International Crypto Exchange Luno Adds Bitcoin Cash Trading

Luno exchange has added bitcoin cash trading to the platform following feedback from its client base. BCH is now only the third cryptocurrency available for trading on the exchange, in addition to BTC and ETH , but more options could be on the way once Luno determines that they are credible enough. Also Read: Bitflyer Adds Bitcoin Cash Trading Across Europe and the US Luno Adds Bitcoin Cash Trading Luno, the London-headquartered company formerly known as Bitx, recently announced that bitcoin cash was made available on its cryptocurrency exchange. Starting from Monday, September 23, customers at Luno are now able to store, buy and sell BCH on the platform. The reason given for adding BCH to the exchange is feedback from users in developing markets that convinced Luno to expand their offering from previously just BTC and ETH . Marcus Swanepoel, CEO of Luno, said , “We are in a new and exciting financial era. Developing economies are leading the large-scale adoption and appli...