One of three freelancers accepts payments in cryptocurrency. Still not convinced?When we think “freelance,” we dream about sitting with a laptop on the island.
But this romantic picture can be easily ruined by anxiety and stress when you have to sort out your payment issues.
Despite many websites like Humans.net or Upwork.com, getting your payment can be a hassle sometimes.
If you are a freelancer, you can recall a few times when you had to deal with delayed payment, money transfer fees, high conversion rates, cost of international calls when you contact your bank to verify the payment status.
Let alone blocked, lost or stolen card which can happen to anyone.
Cryptocurrency eliminates many if not all, of these obstacles and allows both employers and freelancers to save time and effort.
Borders, time zones, and the bank’s working hours suddenly become irrelevant.
Your employer can send a payment anywhere in the world at any time and have it go through within a few minutes.
You can verify transaction status through publicly available blockchain explorer such as blockexplorer.com, etherscan.io depending on the currency you use. Just copy and paste your wallet address.
When it comes to numbers, cryptocurrency transfer can save you considerable amount of money against traditional fiat payment methods like PayPal, Western Union. Understanding the costs of international transfers can be a bit tricky.
The fees may vary depending on the type of payment you’re making, and your country.
If you accept few payments from different employers every month that might cost you triple digits.
To give you an example, let’s say you want to transfer 1000 EUR within EU: Would cost you approx: 2.9 % of transaction amount =
29 EUR Will charge you a bit more 3.4% + 0.35% of transaction amount =
37 EUR Would be dramatically less — about
4.5 EUR (0.000644 BTC) for the amount equalled to 1000 EUR (0.14 BTC).
However, this topic is not without controversy. Some would argue about the volatility of cryptocurrency and that risky “gambling” sense which is not for everyone. Well, we are not here to encourage you to go “All in” with Bitcoin:) It is entirely up to you whether you hold cryptocurrency in your wallet or cash out instantly and convert it into fiat money.
With Mercuryo, you can exchange Bitcoin to fiat in few minutes and conversion takes place at a fixed rate, so you will hardly experience any volatility at all.
We realize that if you’re new to crypto, it might seem a bit confusing.
If you have questions, our support team will guide you through the whole process and assist you every step of the way.
If you want to do your own research on crypto wallets, make sure you pay attention not only to buy/sell fees but to exchange rates as well.
Some wallets may offer you the lower fee but not the most beneficial exchange rate.
Mercuryo offers one of the most profitable BTC rates and has been ranked #1 BTC wallet according to bestchange.ru — top crypto wallets rating in the Russian speaking community.
Also, you can rely on Mercuryo for your data security.
We use the same information security standards as Visa and Mastercard.
It does take a period of readjustment when you switch to cryptocurrency from traditional methods of payment.
But when you do it once or twice, we guarantee you’d feel like Bitcoin Ninja and never look back.
