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

US, EU and UK Companies Can Now Pay Workers 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.

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Avi Mizrahi

Avi Mizrahi is an economist and entrepreneur who has been covering Bitcoin as a journalist since 2013. He has spoken about the promise of cryptocurrency and blockchain technology at numerous financial conferences around the world, from London to Hong-Kong.

About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin59,061 1.23 % 3.64 % 4.74 %
Ethereum4,729.9 1.22 % 9.42 % 15.33 %
Binance Coin635.32 1.26 % 2.97 % 13.45 %
Tether0.9986 0.03 % 0.08 % 0.23 %
Solana217.16 1.25 % 5.69 % 0.35 %
Cardano1.620 0.80 % 3.26 % 8.91 %
XRP1.030 0.92 % 5.74 % 0.75 %
Polkadot30.87 2.19 % 17.29 % 10.73 %
USD Coin1.000 0.14 % 0.20 % 0.17 %
Dogecoin0.2215 0.68 % 1.42 % 7.23 %

bitcoin
Bitcoin (BTC) $ 58,150.00
ethereum
Ethereum (ETH) $ 4,669.69
binance-coin
Binance Coin (BNB) $ 625.94
tether
Tether (USDT) $ 0.999159
solana
Solana (SOL) $ 214.13
cardano
Cardano (ADA) $ 1.60
xrp
XRP (XRP) $ 1.02
polkadot
Polkadot (DOT) $ 38.17
usd-coin
USD Coin (USDC) $ 0.999658
dogecoin
Dogecoin (DOGE) $ 0.221303