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Why Every Online Freelancer Should Embrace Bitcoin For Payments

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Why Every Online Freelancer Should Embrace Bitcoin For Payments

In the recent times, freelancing jobs have been on the rise and they still continue to increase. More people have realized that they are able to earn online by offering their services. The online jobs are unlimited from article writing, graphic design, to programming and any work that can be done using a laptop. Online jobs work best for someone who wants to work from home. Online freelancer’s lives will be transformed when they start using Bitcoin. This is because it will make room for instant payments thus freelancers get to enjoy their entire pay for minimal service fees.

The Movement From Being Paid Via PayPal, Direct Bank Transfer To Bitcoin Payment

Slow payments and middlemen is a big concern for most online freelancers. Payments made are charged huge fees. Like PayPal, for example, charges a 3% cut for each amount received. To ensure they receive all their hard earned cash, online freelancers are choosing to use Bitcoins as a payment option. The Dwolla platform, for example, offers a flat fee of $0.25 for money transfer services. However, a 3-4 days wait is needed before the money reaches your account. Bitcoin for most online freelancers gives the best deal for instant payments at no additional costs.

Benefits Of Being Paid With Bitcoins

Bitcoin is accepted globally, which allows for payments to be made within seconds for anything anywhere. Bitcoins have opened up the global market removing the borders when it comes to financial interaction. The convenience of Bitcoins makes payments and the processing easy with minor fee charged. And all is done in less than an hour.

Anonymous

Payments in Bitcoins are easier compared to other global currencies. Freelancing platforms frequently entail you revealing your personal details. The payments are charged a fee leaving you with a fraction. Bitcoins, however, do away with location restrictions during signing up for freelancer jobs.

Secure

Bitcoin payments are secure as it’s only you with access to the money. For you to access Bitcoin payments, you need to have a private key which gives you claim for the Bitcoin payments. Therefore, it should be safeguarded.

A Decentralized Job Market

Online freelancers and employers can now find each other in decentralized job markets. This market employs reputation systems which are found in today’s online job markets. This means that freelancers don’t have to pay middlemen a portion of their earnings. This is because they now meet directly with their employers to discuss the transaction terms in a peer to peer system. This will, in time replace the centralized job marketplaces.

Why Every Online Freelancer Should Embrace Bitcoin For Payments Conclusion

Online freelancing jobs are presently on the rise. More people are realizing their ability to earn in offering their services online. The online job-market is huge with jobs like graphic design, programming and writing services, all jobs done using a laptop. The leading concern for many freelancers is middlemen and slow payments. Current payment methods often charge a fee on the pay. Bitcoin instead encourages direct interaction between employers and freelancers in a P2P system. This allows them to discuss the terms of engagement thus, eliminating the need for middlemen.

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