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In this day and age, more and more people rely on income from remote jobs, and businesses often hire professionals who are located elsewhere. Cross-border payments within the traditional financial system are slow and sometimes problematic. Employers and jobseekers can now use websites such as Workingforbitcoins.com to pay and be paid with cryptocurrencies.
Platform Supports P2P Payments Between Employers and Freelancers
Workingforbitcoins is a new platform that connects businesses with freelancers. Employers can use it to hire people for coins and crypto enthusiasts can find a job and be paid in their favorite digital currency. Five cryptocurrencies are supported at the moment – bitcoin cash (BCH), bitcoin core (BTC), litecoin (LTC), ethereum (ETH), and a token called experiencecoin.
The website has a useful search feature that lets you find job postings by keywords. You can also browse the ads by categories such as Software Development, Marketing, Blockchain, and Design. The latest crypto-paid jobs are listed on the homepage as well. Hit Ctrl+F, type BCH and you’ll be able to find those that are paid with bitcoin cash.
For example, the description for one ad reads: “Need an article of about 500 words translated from French to English. The article is about the qualities necessary to play chess well.” The author of the posting has set the budget for the project at 0.02 BCH (around $8 at the time of writing). Freelancers from the U.S., Canada, Norway, Nigeria, India, and Iran have made 14 bids for the job.
Workingforbitcoins is commission-free for freelancers who can search for jobs and also post a summary of what they can do for living. For instance, you can hire a translator with the nick “red” who is a Swiss national living in Beijing and translates blockchain-related content from English, Chinese and German to French. Red’s hourly rate is 0.00403 BTC (approx. $32).
Payments between the two sides are made on a peer-to-peer basis. Employers are required to provide the wallet address from which they intend to pay for the services of the hired freelancers. That’s in order to verify whether they have the funds for the task they want to outsource. Their crypto address is kept private. Job posters can initiate conversations with bidders using the platform’s chat system.
Have you used the services of a platform like Workingforbitcoins to find a job or a contractor paid in cryptocurrency? Share your experience in the comments section below.
Disclaimer: Readers should do their own due diligence before taking any actions related to third party companies or any of their affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any third party content, goods or services mentioned in this article.
Images courtesy of Shutterstock, Workingforbitcoins.
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