Crypto Payroll Service Now Allows Chile Freelancers to be Paid in BTC, ETH, & BCH

    Bitwage, s startup that helps companies pay their employees in cryptocurrency has added Chilean peso to its platform.

    Announced Monday, the company has partnered with Satoshi Tango for Chilean Peso payouts. Now, all consignment services from Chile to the US, UK, or EU will pay lower fees and can access their deposits faster from their bank accounts.

    They can also opt to be paid in any of the three supported cryptos on the platform, Bitcoin (BTC), Bitcoin Cash (BCH), and Ethereum (ETH).

    Chilean residents working as subcontractors or on consignment can create an account with Bitwage to receive services that accept, USD, GBP, and Euro from US, UK, and EU clients.

    When the funds are received, they are transformed into BTC then through Satoshi Tango are converted to Pesos. The Pesos are then transferred into the owners Chilean bank account.

    Chile is the latest addition to Bitwage’s Latin American markets including Argentina, Brazil, Columbia, Mexico, Panama, Peru and Venezuela. The company has been providing direct deposits of Bitcoin since 2014, serving more than 30,000 workers.

    As of June this year the company has been processing $2.5 million in monthly volume for full-time employees and contracts.

    The company has received about $1 million in total funding from Draper Associates, BPI France, and Candela Reach Capital.

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    AnTy has been involved in the crypto space full-time for over a year now. Before his blockchain beginnings, he worked with the NGO, Doctor Without Borders as a fundraiser and since then exploring, reading, and creating for different industry segments.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


    Please enter your comment!
    Please enter your name here


    Live Bitcoin Price & Latest BTC Chart News

    Today's Latest Crypto News

    Money Is At Risk In Banks, Bitcoin Is Probably The Most Secure Currency Right Now: Tim Draper

    “If we're able to hold above $7,800, it will be a very good sign,” - Mati Greenspan Venture Capitalist advises millennial's to start...

    XRPL Labs Founder Wietse Wind's XRP TipBot Banned On Twitter, A Sign To Come For Tipping Bots?

    On January 24, Twitter decided to disrupt the XRP community by banning the XRP Tip Bot account, which is a service developed by the...

    Litecoin Founder Charlie Lee Proposes 1% Block Reward Funding Plan To Rake in $1.5 Million

    Proposal for donating 1% of block rewards to generate $1.5 million per year It’s like paying for your kid’s college and “securing your...

    Travala Expands Its Crypto Payments Options By Adding NEM's XEM Token

    Travel platform Travala, a firm that allows its customers to pay for hotel accommodations using digital currencies, has partnered with the NEM Foundation to...

    Elon Musk Thinks Crypto Could Be a Replacement for Cash

    Billionaire, SpaceX and Tesla CEO Elon Musk is also known for his cryptic tweets on crypto and Bitcoin (BTC), but on January 20, he...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.