Cryptocurrency

Better

Security

Getting paid as a freelancer can be such a hassle. There is flexibility in getting paid, meaning that you often wait to get paid by your clients. What’s even worse is that they may forget or never pay you for the work you did for them. Also, freelance platforms like Fiverr or Upwork require a commission fee just to keep working as a freelancer on their platforms. Life is unpredictable as a freelancer.&nbsp;
Cryptocurrency can help you in all these situations; you receive payments in just a few minutes with a small network fee with zero commission from platforms, governments, or other agencies. In this article, we’ll discuss how you can take advantage of cryptocurrency payment as a freelancer.&nbsp;
Before we go ahead, we need to make sure you have one thing covered: a secure and reliable internet connection. Sure, cryptocurrency is the safest online currency you could ever own, but it doesn’t hurt to take safety measures. A reliable internet connection from verified ISPs like Xfinity ensures that your network connection remains protected from any cyber threats. Optimum also has 24/7 service through their <a href="https://www.localcabledeals.com/optimum/customer-service" target="_blank" rel="noopener noreferrer nofollow">Optimum customer service number</a> to report any connectivity issues.&nbsp;
Now that you have a reliable connection covered, you can go ahead and start asking your clients to pay you in cryptocurrency for freelance work.&nbsp;
<h2 id="strong-5-benefits-of-cryptocurrency-for-freelancers-to-enjoy-strong">5 Benefits of Cryptocurrency for Freelancers to Enjoy</h2>
Let’s now discuss how getting paid in cryptocurrency over traditional payments will benefit you as a freelancer:
<h3 id="strong-there-is-no-middleman-strong">There is No Middleman</h3>
The beauty of blockchain technology is that it is a decentralized system that doesn’t include or involve any third-party intermediaries such as banks, government, etc. There is no central authority that is managing the transactions happening in the blockchain. Transactions basically happen between the sender and receiver only.&nbsp;
Hence, when you receive your payment for doing the freelance work, there will be no middleman taking their cut, as is common in traditional payment methods such as PayPal, etc.&nbsp;
<h3 id="strong-faster-payments-strong">Faster Payments</h3>
Cryptocurrency is mostly used for making international payments since they can be sent and received in a matter of a few minutes.&nbsp;
Using traditional methods such as wire transfers means you’ll often be waiting for days to receive your money. In most cases, your money gets held up due to settlement or flagged issues. But that isn’t the case with cryptocurrency; you get paid for your freelance work instantly, no matter what corner of the world you belong to.
<h3 id="strong-complete-transparency-strong">Complete Transparency</h3>
Another thing that crypto ensures is complete transparency when making payments.&nbsp;
The whole transaction between the sender and receiver is recorded on a public ledger that can be accessed by anyone. So if any of your clients try to make a change in the payment or create a dispute, you have easy proof of the whole transaction that took place.
<h3 id="strong-get-access-to-new-markets-strong">Get Access to New Markets</h3>
Besides cryptocurrency, digital assets can also be used to represent gold, stocks, or other assets. This makes it easier for the general public to have access to digital assets.&nbsp;
Also, when you accept cryptocurrency as your payment, you open yourself up to a whole new world of clients who are willing to pay you in cryptocurrency for carrying out their tasks. Freelancing is a good career option to earn cryptocurrency by taking up small gigs.&nbsp;
<h3 id="strong-better-security-strong">Better Security</h3>
The complete transparency that transactions in cryptocurrency offer, as mentioned before, is one of the reasons why it is a secure payment method.&nbsp;
Other than that, cryptocurrency is safer than traditional payments such as PayPal, credit cards, etc. because your crypto funds are stored in a digital wallet with a private key.&nbsp;
There are network validators who are tasked with ensuring that digital assets can only be accessed with a private key. These individuals may be fooled, but then again, you cannot falsify a transaction by fooling a whole global network of such network validators.&nbsp;
Hence, as long as you have your private key, your digital funds are safe.&nbsp;
<h2 id="strong-how-to-accept-payments-in-cryptocurrency-strong">How to Accept Payments in Cryptocurrency</h2>
Make sure you complete the following steps so that you can start receiving your payment in cryptocurrency:
<ul>
 <li style="font-weight: 400;">Do you have a blockchain or exchange wallet set up? Make that happen.&nbsp;</li>
 <li style="font-weight: 400;">Share your wallet’s public address with the payment sender.&nbsp;</li>
 <li style="font-weight: 400;">Never tell anyone your private key or seed phrase.&nbsp;</li>
 <li style="font-weight: 400;">Make sure to let the payment sender know that along with the agreed amount, they must pay for the network or gas fee.</li>
</ul>
<h2 id="strong-wrapping-up-strong">Wrapping Up</h2>
Cryptocurrency has been around for a decade now, but this digital currency is still in its early days, especially when it comes to freelancing, leaving a lot of room for growth. However, the benefits that cryptocurrency offers to freelancers – from a decrease in costs to reliable security – make it an attractive alternative to traditional payments. Any freelancer building his career in the modern digital age should add cryptocurrency as his payment.&nbsp;
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/how-cryptocurrency-benefits-you-as-a-freelancer-tbt67713.html">https://thebittimes.com/how-cryptocurrency-benefits-you-as-a-freelancer-tbt67713.html</a>

How Cryptocurrency Benefits You as a Freelancer

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