well to get paid in cryptocurrency and be employed officially
you have to live in one of the countries that recognise cryptocurrency , where it is legalized
otherwise there will be a ton of problems with taxes and overall legality, including pension
Topic: Are any of you paid your salary in crypto? What's it like? - page 3. (Read 736 times)
No, I never got a salary in bitcoin, although it sounds interesting to me, maybe somebody gets lucky when he gets a salary to grow bitcoin and be in higher income, otherwise I thought that it's only possible to get a bitcoin when we perform a service or we participate in a campaing, but It's not different from getting a salary.
How do your employers buy it?
Have there been scenarios where after they purchased the agreed amount the value increased/decreased substantially before you were paid? If so, how did they react to this?
Have there been scenarios where after they purchased the agreed amount the value increased/decreased substantially before you were paid? If so, how did they react to this?
you know in that case that when a parties agreed for a certain amount and suddenly the person who will send payment will increase or decrease the agreed salary the employee has no control over it be thankful if they pay you whatever the price is.
I usually take payment in Crypto for my services, and as most of my clients are very much crypto-enthusiastic, they rather like it.
I am not aware of cases where an employer paid salaries to their employees in bitcoin. I thought that this is only possible on the Internet and bitcoin can be obtained for the provision of any service or for participation in the bounty company. But if there were such cases, I would be interested to read how it all happened.
I became more curious about how to solve this problem, even though in my place I have not paid my salary using bitcoin and the like, I am interested in this topic
Been an employee in the space for a little while, used to get paid in Ethereum and as a rule of thumb, I would always sell everything straight away in order not to be tempted to hodl.
the basic and common rule here in crypto is hodl! hodl! hodl! and buy low sell high but im surprised to see that you have your own rule .
good for you mate . hodling is really addictive because once you get started to hodl you cannot get back anymore as the value will now start to move up and down .
in my case , i have also been paid in crypto as my salary here in the forum and it feels good because i can do many things with it that an actuall salary ( fiat ) cant do .
I know a friend who chose to accept his salary in crypto when he started working with ZCoin a few years ago. At that time, XZC was less than a dollar. He never cashed out until 2017 boom where XZC price peaked at almost $150. From what I know, he cashed out around $700k. But in the first place, he was a lawyer who already made a fortune. He didn't need the money and therefore he was able to hold the coins for many years.
Lucky for him. It's really true that we shoudn't make crypto as a fulltime because we will just get tempted to cashout when it's not even hitting 2x from it's original price. $700k would be more than enough for me in my country to start my retirement.
Bitcoin is not yet use as a salary in my country because it js not yet legalized. Wealthy countries like Japan can use cryptocurrencies like bitcoin as a salary to some employees who want it. It is already reported several months ago that some employers in that country are offering bitcoin as an alternative payment for salaries to their employees. Bitcoin is always subject to rapid price fluctuations so I think there always changes in price after someone recieved it as a salary.
I am paid in fiat currency and yet to see anyone paid in crypto. it will be a great idea to be paid in crypto though, i look forward and hope soon companies will start paying in crypto.
Yes i was paid my salary in crypto and mostly i get pay in this forum from signature campaign but in the real life most people does not want their works paid using crypto because most of them still confuse how to convert it and even some of them still consider crypto still not an official currency and only just like trading tools
Been an employee in the space for a little while, used to get paid in Ethereum and as a rule of thumb, I would always sell everything straight away in order not to be tempted to hodl.
I think it's a bad idea to accept bitcoin or any crypto as salary, crypto value is very fluctuative and some coin value can drop extremely, how can people manage their finance if the price keep on fluctuating, for daily usage we need the stable currency so we can plan every expense
I know project called workchain is new payroll ecosystem on the blockchain. Whether you get paid monthly, bi-weekly or weekly or work full-time, part-time or as a freelancer, all in crypto currency it’s a new world where anyone can make the switch to real-time payroll .. so if you want how to get salary in crypto Currency i recommend workchain.io for you !!
https://workchain.io/
https://workchain.io/
Personally I think that's a bad idea and there are a few reasons to belive that.
maybe this is a little different, but I support several cryptocurrency projects to get cryptocurrency salaries. well, it feels pretty good, but it's not certain. sometimes the amount given is quite large, but sometimes it becomes useless. but, the disadvantage in this problem is that your work is not paid, but the work is quite easy for those who are also hobbies in their fields.
I don't know such person whose payment is in bitcoin or any other cryptocurrency but I would like to know how many people accept to have their peyment in BTC. Also, almost all of employers would prefer this at this challenging time to predict the price of bitcoin.
My country still not allowed using bitcoin and altcoin as transaction payment, we still not allowed use bitcoin and no one company accepted bitcoin as transaction payment so we always get salary by using cash money.
i pay all my salary to buy coin. and after a year. i just take aganin 30% my money
You can receive your salary in Bitcoin through BitWage.
BitWage is giving you a USD receiving account, after 1 day from receiving the money, they will give you Bitcoin, or whatever you want to receive (Bitcoin, USD, Euros, etc) in your account in every country of the world.
register at BitWage through as my referral, you and I will receive 5 dollars https://www.bitwage.com/referral/1CLQ6M9M3C3L
finally there is a platform which bridges this. actually I have ever think about a platform like that. where a third party will automatically convert your salary to crypto. and with your company pays funds (your salary) to that third party. but the waiting time seems too long, isnt it ? because you can get less than that salary. because prices could very fluctuate within just one day.. BitWage is giving you a USD receiving account, after 1 day from receiving the money, they will give you Bitcoin, or whatever you want to receive (Bitcoin, USD, Euros, etc) in your account in every country of the world.
register at BitWage through as my referral, you and I will receive 5 dollars https://www.bitwage.com/referral/1CLQ6M9M3C3L
For the past 2 years Iam and 5 other employees have been paid using Bitcoin, but the standard of payment refers to Fiat, 2 people $ 300 in BTC, 2 people $ 650 in BTC, 1 person in $900 in BTC and the last $ 1100. Every month my boss must convert our salary to bitcoin, so the BTC salary we receive every month is never the same, depending on the exchange rate at the market at that time. Honestly I feel happy even though there are not too many, I don't know with my other friends, but it seems they are fine. Don't ask what our job, because my boss active in this forum, hopefully he doesn't read this thread 
How do your employers buy it?
Have there been scenarios where after they purchased the agreed amount the value increased/decreased substantially before you were paid? If so, how did they react to this?
Have there been scenarios where after they purchased the agreed amount the value increased/decreased substantially before you were paid? If so, how did they react to this?
I have a salary in cryptos and is almost the same.I have seen how the value increased and decreased in different times and feels great when it goes up, but not too good when it crash. Is our decision if keep the money in cryptos or change it to our local coin, and when i got a payment i changed it to local coin just to avoid the risk about the price crash.
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