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RE: Would You Accept Salary Payment in Crypto?

in LeoFinance3 years ago

Fair points, converting to fiat costs me 0.25% so hypothetically if I draw a salary of $70k and had to convert half of that to Fiat im looking at paying about $90 a year in conversion fee's.. wait that's nothing! some people pay that in one eth transaction 🤪

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It costs me more than 0.25%, I use crypto.com, whilst there are no fees to withdraw the exchange rate has a spread of about 2-3%. But I am converting to AUD so my options are probably more limited than yours. But fair point on only $90 a year, if you are willing to accept the volatility