Bitwage Blog

A collection of 77 posts

Bitwage Blog

Professional Soccer Player Ifunanyachi Achara Partners with Bitwage

"Professional soccer is basically what every boy growing up in Nigeria wants to do," said Ifunanyachi Achara – Major League Soccer (MLS) Forward at Toronto FC – during a conversation with Bitwage. Growing up in Nigeria, Achara was no exception to this dream. Soccer was always the cornerstone of his life and

Cryptocurrency Featured

The Only Guide You Need to Find the Best Crypto Wallet

As cryptocurrency has become a greater topic of discussion amongst organizations and retail investors, more questions have arisen regarding the topic of wallets. These days, “wallet” has taken on a new meaning, and like everything in the 21st century, this term has gone digital. Photo by CardMapr on Unsplash So

Bitwage Blog Featured

Bitwage Adds New Stablecoin (cUSD) in Partnership with Celo

In partnering with the Celo Foundation, Bitwage is proud to formally announce the integration of a new stablecoin on our platform: Celo Dollar (cUSD). The goal of Bitwage is to empower global workforces by bridging traditional finance with the new digital era. Across the US, EU, and UK, our customers

Bitwage Blog

Bitwage & Consultabit Launch Bitcoin Tax Calculator

In January of this year, we partnered with Consultabit to launch a dollar cost average calculator, www.bitcoindollarcostaverage.com. The goal was to educate new and mainstream users on the benefits of dollar cost averaging and investing in Bitcoin. The calculator has seen a 700% increase in users from April

Bitwage Blog

Bitwage launches USDC stablecoin

The global recession surrounding the coronavirus pandemic has caused many people around the world to seek safe havens for their assets. While we have seen an increase of interest around Bitcoin, it is clear that the US dollar is still the safe haven king. Many currencies have weakened against the

Bitwage Blog

Bitwage Launches Bitcoin 401(k) Retirement Plans

As leaders in cryptocurrency payroll & invoicing services, we at Bitwage are always striving to innovate and push the industry forward. For our customers in the US, we have always likened the ability to get paid in Bitcoin similar to having a percentage of your wage be deferred into a 401(

Bitwage Blog

Bitwage partners with ConsultaBit to launch new Bitcoin dollar cost averaging calculator!

At Bitwage, we believe in the importance of educating new cryptocurrency users. In the past, we have written educational articles such as how to file taxes, how to earn bitcoin, and why you need a hardware wallet. One of the biggest advantages of using Bitcoin to receive any portion of

Bitwage Blog

Bitwage Launches Chilean Peso

Latin America has always been an important market for Bitwage and the cryptocurrency market as a whole. We have been servicing customers across South America in countries such as Argentina, Brazil, Columbia, Mexico, Panama, Peru and Venezuela. We have been paying out local currencies in Argentina, Brazil and Mexico for

Bitwage Blog

Bitwage Launches Bitcoin Cash Payrolls

For over 5 years now, Bitwage has been dedicated to raising awareness and growing the cryptocurrency ecosystem. Earlier this year, we began our goal to encompass a greater part of the cryptocurrency ecosystem outside of Bitcoin by launching Ether payrolls. Anyone around the world could receive any percentage of their

Bitwage Blog

Employees anywhere in the world can now receive their wages in Ether through Bitwage.

Salaries are the oil that keep our global economy operating like a fine-tuned machine. Since 2014, we have been the leader in Bitcoin payroll and have been committed to growing the cryptocurrency ecosystem. Our goal was to close the financial loop. By that time, merchants were already accepting Bitcoin, but

Bitwage Blog Featured

Why Bitcoin Payroll Will Lead to Mainstream Adoption

There seems to be something standing in the way between cryptocurrency and mainstream adoption. Talk to any number of experts and they’ll tell you different reasons on why this is. But at Bitwage, we see Bitcoin payroll as the turning point for crypto (it's what we do). Once businesses

Bitwage Blog

Refer Your Employer, Get A 1% Company-Wide Discount

At Bitwage, we have always been devoted to introducing new users to the world of decentralized digital assets while developing real-world use cases for those assets. In preparation for the widespread use of the lightning network and an impending market bull run, we want to make it easier for people

Bitwage Blog Featured

What To Consider Before Receiving Your Salary in Bitcoin

As the hype behind Bitcoin settles, and the value begins to stabilize, the public has begun to look at cryptocurrency through a more practical lens. For what can this be used on a day-to-day basis? How will this function as a viable investment? Can I get my next coffee with

Bitwage Blog

How Emburse Changed the Way We Run Our Business

When you’re running a payroll and HR services company, it helps to, well, get help. In our day-to-day options, we have our eye on a ton of different recurring expenses. Customer support? Check. Compliance? Double check. Business development? Of course. Accounting, analysis, marketing: it’s all there. When these

blog

Get Paid From Upwork, Toptal and Any Other Freelance Marketplace With Bitwage

Previously, freelance marketplaces only allowed there to be one bank account per user on their platforms. In the past, we have offered pooled customer accounts to connect with freelance marketplaces, limiting the number of Bitwage users that could connect to the platform. We are now launching a beta for the

Bitwage Blog

How to Navigate Tax Season with Your Cryptocurrency

It’s never too early to spark up the conversation on everyone’s favorite time of year: tax season. And now, with the government in a state of disarray after the longest shutdown in history ended on January 25 – with another potential shutdown threatened by Trump on February 15 – everyone

Bitcoin

US Companies Can Now Fund W2 Payrolls & Payroll Taxes in Bitcoin and Ether.

Since Bitwage started in 2014, there have always been conversations regarding “Closing The Loop” in the Bitcoin financial cycle. The financial loop works as such: Individual obtains Bitcoin, Individual pays merchant in Bitcoin for goods and services. Merchant pays employees with Bitcoin. When Bitwage first launched, we wanted to close

Bitwage Blog

Pay Contractors and Employees With Bitcoin and Ethereum

For companies with a vast portion of their capital in crypto, having employees and contractors who want to be paid in their local currency can be difficult. Besides difficulties with banking relationships, just the sheer amount of payment needs precludes a startup company from having contractors all over the world.

trezor

Why You Need a Hardware Wallet

With last year’s speculative fever pitch receding into the past, cryptocurrency enthusiasts are getting back to simply accumulating crypto. And if you’re accumulating Bitcoin or another cryptocurrency the best practices having your funds in a wallet whose private keys you control. When your tokens are on an exchange

Bitwage Blog

Bitwage Launches ICO Advisory Firm, Inwage, With $50MM Fundraise and Ether Inputs

We at Bitwage are continually improving and innovating to keep up with the ever changing cryptocurrency market. In 2017, we recognized initial coin offerings (“ICOs”) as a growing and important phenomenon in the cryptocurrency ecosystem. By the end of 2017, ICOs had raised over 5 billion USD for startups and

Bitwage Blog

How is Bitcoin Earned?

If you believe in the long-term vision of Bitcoin you'll be wanting to acquire and hold (or hodl) as much as you can. The most popular avenue is to buy from exchanges, increasing your holdings over time. You could also trade on price swings with the goal of increasing your

Bitwage Blog

We've integrated SegWit and Look Forward to Bitcoin's Lightning Network

Bitwage, the crypto payroll company founded in 2014, has implemented direct support for Segregated Witness addresses for our Bitcoin payroll outputs. We are glad to be supporting this important improvement to the Bitcoin protocol. Reduced fees from SegWit implementation will allow us to offer users a better value for our

dash

Get Your Salary in Dash With Bitwage and Uphold

Bitwage's crypto-payroll solution is even more versatile with our Uphold integration, allowing you to receve part or all of your payroll in Dash. Dash is gaining momentum, with trading volume more than doubling over the past year and a publicity campaign promoting its use as "digital cash" and spreading cryptocurrency

dollar cost averaging

Dollar Cost Averaging Bitcoin and Integrating Cryptocurrencies Into Your Investment Portfolio

This post is only for educational purposes and should not be interpreted as investment advice. If you’re just starting out in the cryptocurrency world you could be more comfortable wading into it than diving headfirst. One of the most popular investing strategies, championed by Warren Buffet’s mentor, Benjamin

Bitwage Blog

How to File Your Taxes on Bitcoin

With huge gains in the price of Bitcoin (among other cryptocurrencies) in 2017, holders surprised by a meteoric rise may have taken the chance to take some profits in the ever-uncertain crypto environment. Most uncertain is the regulatory future of cryptocurrencies. But when regulation comes, as we should see with