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Author Topic: How to receive your salary in Bitcoin?  (Read 533 times)
coiningz
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August 03, 2019, 04:01:45 PM
 #41

Its easy to find scamers with reuests like your unfortunately. You can try to use exchange bank address but i dont sure that it will work fine. But in my opinion this is much better than try to find noname sites. Also, try local bitcoin if you can often change bank address in google account
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August 03, 2019, 11:37:34 PM
 #42

As of now, we can't see bitcoin as a means of salary payment since it is volatile. Imagine, if I have a monthly salary of 200 dollars worth of 0.05 at the rate of 4,000 usd per BTC and it rise up to 10K dollars in a week, maybe I become a millionaire. It is just like as a double pay. That is the positive side. How about if things will reverse? What if the market experienced an exhaustion?

If there's a job that could offer me to receive bitcoin as my main salary I would love to accept and deal with it. Furthermore, the volatility isn't a problem, because one day as price could stabilize you can appreciate it and your salary can be profitable asset.

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August 03, 2019, 11:45:03 PM
 #43

That's not a problem if you wanted to receive your salary in bitcoin. Your company should be oriented with cryptocurrency so that they'll be affiliated through fiat and digital currency banking. Both parties should be able to be compatible in order that the direct deposit from bank to local trading site, that caters bitcoin transactions using wallet will be accommodated smoothly.
With that system, the company should be able to run the entire salary system without problems because it's banking digital transaction is confidentially running without hassle; in order to make your fiat be received as bitcoin on your registered btc wallet address.


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August 03, 2019, 11:51:37 PM
 #44

Hi all. Bitcoin newbie here posting for the first time.

I am a Youtuber earning a living from the money I make with my videos. That money is paid to me by Google through international bank transfers. There's no other payment method.

I'm looking for some way to receive that money in Bitcoin. Some kind of service that receives your salary for you from your employer, converts it to Bitcoin and pays it to you. That would be really useful to people who work for companies that refuse to pay in crypto.

Recently I found an Australian company called Get Paid In Bitcoin (https://getpaidinbitcoin.com.au/) that does just that. You give your employer their bank details, they receive your payment, convert it to Bitcoin and transfer it to your wallet, after a fee. However, unfortunately, they only work in Australia. Which doesn't make sense to me, since Bitcoin doesn't differ national to international transfers. Maybe someone knows of a similar service that works internationally?

Why don't I simply receive my income in fiat currency and then buy Bitcoin with it? Because I want my income to stay as much away from banks as possible. My goal is to avoid taxation, which in my country is absurdly abusive.

Any input would be greatly appreciated. Thanks.

You are a youtuber right? and on your statement you want to be pay thru bitcoin or you want to have bitcoin were you can avoid taxation?
Because the only things I knew was that paying bitcoin as your salary could be happen on bounty campaign that pays BitcoinBTC weekly here in the forum. But directly from the company outside this business industry, I doubt there is. And as far as I know from your salary in youtube you can able to buy bitcoin using your fiat and try to transact to localbitcoin where you can able to have bitcoin.
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August 04, 2019, 02:08:23 AM
 #45

That may be difficult, dude. There's nothing I know about that kind of company that may pay you and already converted that fiat into bitcoin. And I'm not aware Australia had that kind of service. Good thing youve said it here. Hence, you have no choice since Adsense or Google only paid in fiat money into your bank account then the only way is just to buy bitcoin using that fiat money. You can't avoid the taxes.
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August 04, 2019, 08:38:09 PM
 #46

I've heard about some IT companies in UK thar were paying salaries in Bitcoin. But that was only exception and the salary was only partly paid in Bitcoin.
I don't know if there is a way to negotiate with your empoyer about paying salary in Bitcoin because that might be very complicated and risky for him because of financial and tax regulation.
Personaly I think that is very risky to get paid in Bitcoin because of volatility so I wouldn't choose that option.

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August 05, 2019, 05:33:27 PM
 #47

Quite simple. You just need to work and buy bitcoin with fiat.
That is the level for which you know dear, you don’t have to necessarily get fiat to have bitcoin, there are so many people who are working to earn bitcoin and does not need to convert the fiat to but bitcoin.

There are lots of companies and projects that you work with now and would rather prefer to pay you in bitcoin, look at blockchain developers, some of them get paid in cryptocurrency like bitcoin, it is now left to them to quickly convert it to fiat and store in their traditional bank or leave it in their wallet to continue to grow for future increase, that is if they are interested in keeping it as investment for future.

I have done so many jobs that I have been paid in bitcoin, which I have also paid others too in bitcoin without us having to make use of fiat again.

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August 06, 2019, 08:40:29 PM
 #48


Why don't I simply receive my income in fiat currency and then buy Bitcoin with it? Because I want my income to stay as much away from banks as possible. My goal is to avoid taxation, which in my country is absurdly abusive.
You are saying contradictive here, you already get yourself into banking matter since you've said that google pays you up with international bank transfers.For now you

don't have any options because google doesn't support Bitcoin yet.So you would still stick to that situation and also I don't recommend nor trust 3rd parties to received my youtube video pay.Its too risky actually.

R


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