US freelancers prefer to be paid in Bitcoin and Ethereum – Coindoo

The creation of Bitcoin in 2009 has opened up endless possibilities and is storming the financial world as more and more people are investing in it. The popularity of digital money is only changing the global economy, but it also affects the way customers pay freelancers for the work they have done. And, despite the current cryptocurrant bear market, a growing number of freelancers turn to Bitcoin and other cryptocurrencies as preferred payment methods.

A new survey conducted by Humans.net found that 18% of participants prefer to receive payments in digital currencies such as BTC and ETH over fiat.

Eleven percent said they would prefer to receive partial payments in the crypt, thus bringing the total number of those who expressed interest in receiving encrypted payments at 29 percent.

More than 1100 freelance workers based in the United States were interviewed about their payment preferences. Those who have been interviewed include writers, developers, designers and tutors. About 4% of them said they had already accepted the payment in criptovaluta.

The participants were randomly selected from the US freelance market and none of them revealed any particular interest in the cryptos before the study.

Intermediaries and slow payments are a major concern for most freelancers around the world. The payment made has a huge cost. For example, PayPal charges a 3% commission for each amount received. This is a significant amount of money. Therefore, to ensure that they receive all their hard earned money, freelance workers choose to use cryptocurrency as a payment option. Cryptocurrencies also reduce fraud and are internationally recognized.

Humans.net is a blockchain-based freelance platform with over 200,000 users. It is in competition with other blockchain-based freelancer markets such as Ethlance and Blocklancer.net. These platforms allow freelancers to be paid in digital currencies such as Bitcoin (BTC) and Ethereum (ETH). It is worth noting that traffic to these sites increases and decreases with the value of Bitcoin (BTC).