3 ms·
With our system you will just pay one fee to accomplish your end goal. The ACH debit and BTC transaction fee doesn't cost you any more. It should eliminate the
by codelitt 12y ago
With our system you will just pay one fee to accomplish your end goal. The ACH debit and BTC transaction fee doesn't cost you any more. It should eliminate the 3-8% on exchanges for foreign currency, the wire transfer fees, and the BTC exchange fee. You'll just have one instead of 3. We're working to price it competitively.
- sanswork 12y agoTrue but thats not really a comparable result to be one discussed with 3-8% exchange fees. To be comparable the person on the receiving end would have to sell their bitcoin for their local currency. That would reintroduce the exchange fees.
- codelitt 12y agoVery true. That's why we offer employees the option choose what percentage of their paycheck to receive in BTC and USD (hope to add other currencies soon). The idea isn't to get paid in BTC and then to exchange it. We're idealists, but the idea is to get paid in BTC and use it!