• Please note to have a link in an article you must first request permission from the administrator and pay a fee. You can read more information here.

Should I trust a company that only pays in cryptocurrency?

maventiger

Seasoned Veteran
1000 Posts Club
USD
$0.0000USD
Biznotes
0
You should have no worries trusting companies paying with crypto curerency. Over time Bitcoin and other popular coins have stand the test of time and widely used by many companies with massive investment.
 

Hasan Raza

Seasoned Veteran
1000 Posts Club
USD
$7.0000USD
Biznotes
0
Why would you not trust a company? Just because they pay only in cryptocurrency?

If your only reason is that they pay in cryptocurrency, then you have nothing to worry about. Just make sure it's a valuable crypto like Bitcoin or Etherum.
Yes you are absolutely right because when the Bitcoin cryptocurrency started people say that it,s a fraud but with the passage of time it became stronger and stronger and now you can check it's credibility. Cryptocurrency these days is a good platform specially in covid.
 

kaychiz

Up-and-Coming Sensation
100 Posts Club
USD
$7.4000USD
Biznotes
1
There is nothing wrong with a firm that only uses crypto for payments. I currently work with one of such. As long as the firm is viable then no problems. Just do a thorough search on it online.
 

Josemendez

Graphic Designer
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
It is true that Bitcoin is annoymous ,but that doesn't make a company using it as payment method to be suspicious. The world is going digital , and with cryptocurrency more people will be involved in their business easily
 

Ralphjoe

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
This is no issue at all being that your company paying you through Bitcoin should be the reason for you to distrust them, there should be no doubt about your company at all.
 

giddy

Seasoned Veteran
1000 Posts Club
USD
$1.0000USD
Biznotes
0
Merry Christmas
don't see the reason why not. I think you should make some reason about crypto currency so you would feel better about it. I refused to join a sites before but then I realized that it's good to expand our options on earning.
 

Variable

Resident Member
500 Posts Club
USD
$0.0000USD
Biznotes
0
If the company is straight on records and no rumors running on it , there's no reason to distrust , However! , scams and thieves usually receive money on bitcoin only, since its irreversible and cant really be traced well by the time we're speaking , but still, an average company with good reputation shall be fine i believe, look more into it.
 

giddy

Seasoned Veteran
1000 Posts Club
USD
$1.0000USD
Biznotes
0
Good evening merry Christmas
don't see the reason why not. I think you should make some reason about crypto currency so you would feel better about it. I refused to join a sites before but then I realized that it's good to expand our options on earning.
 

ahmedo24

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
Crypto currencies are just means of making payments to all online earners and people running transactions are having issues or limitations with other payment processors. Nothing to worry about as regards site paying via Crypto currencies
 

GoldenLady

Madly Diligent
5000+ Posts Club
USD
$4.0000USD
Biznotes
0
If a company pays only through crypto, that's a good sign.

But it's understandable that you find it doubtful. Many companies have more than one means of payment, so as to serve countries where certain means of payment is not permitted.
 

Seun4luv

Seasoned Veteran
1000 Posts Club
USD
$0.0000USD
Biznotes
0
Yes you can trust a company that pays you with crypto currency. Such company are reliable and in the economy of today crypto currency is the best with Bitcoin payment to business online. Also, buying and selling online now are using such payment.
 

Zevin

Madly Diligent
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
I don't see any problem when a company pays via crypto. Since there is annonymity in crypto transaction, I prefer to pay and send money via crypto currency. However, want the company to clearly state how much money I wil be receiving in USD. For example, I will not understand when someone is paying me 0.00023 btc. It needs to be stated like 1 USD, 2 USD etc.
 

Tariq Shehzad

****CREATIVE WRITER****
1000 Posts Club
USD
$14.0000USD
Biznotes
0
When it comes to writing gigs, I have come across some that ONLY pay in cryptocurrency. I am not familiar with this form of "money" at all and never use it myself but I have heard it is worth investing in. The only way I would invest is through earning it. I would not pay for it. With that being said, are companies that only use this as a means pf payment for service trustworthy or does it depend?
I think you are very about the cryptocurrency system. Definitely, every forum and websites paying through cryptocurrency. If you are not familiar with cryptocurrency, then you can take tutorial on you tube about it.
 

mahdi304

Resident Member
500 Posts Club
USD
$0.0000USD
Biznotes
0
I don't see any problem when a company pays via crypto. Since there is annonymity in crypto transaction, I prefer to pay and send money via crypto currency. However, want the company to clearly state how much money I wil be receiving in USD. For example, I will not understand when someone is paying me 0.00023 btc. It needs to be stated like 1 USD, 2 USD etc.
Just google "BTC to USD" and enter the amount of Bitcoin you're gonna get there to get a quick conversion from Bitcoin to USD. If the site is paying in satoshis, there are sites to convert that to USD as well. You can google it if you don't know how to convert satoshis to Bitcoin.
 

MastetG

Addicted Member
1000 Posts Club
USD
$0.0000USD
Biznotes
0
Seriously they is nothing wrong with such company familiarise yourself with cryptocurrency, get a wallet like luno, if you are within Nigeria, use Quidax, they are digital wallets used to store crypto and very easy to use, you can convert them to real money that will be deposited into your local bank. Bizdustry pays in PayPal and crypto too and we never regret it, we love it!
 

Erik4150

Madly Diligent
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
A company making payments in cryptocurrency is not a thing to worry about. As long as you receive your payments as at when due, you got no reason to complain. I personally work and receive payment in cryptocurrency without any issues.
 

Sake

⭐ Lazy Head ⭐
1000 Posts Club
USD
$0.0000USD
Biznotes
0
If the company really pays why not? They are just adapting earlier because the Cryptocurrency as the main modes of payment will be the future. Plus it's even better because you can keep the coins and the value can increase overtime. Fiat can't do that.
 

Sotherefore

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
It depends in the company you are talking about if is an online business organisation then that is their own mode of payment that is comfortable to them but if is an offline company that you go everyday to work for them and they pay you in cryptocurrency I don't think that is the best way of payment, for online business company there is no problem with that as far as they are still paying, I know a lot of online company that pay through PayPal but they still scam me of my hard earn money,
 

btaliat

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
The source of payment doesn't really matter. A company may use other means of payment and still be dubious. But people seem to fear cryptocurrencies because they can't be traced.
 
Back
Top