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Author Topic: Paying global staff with bitcoin?  (Read 5424 times)

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Offline alexthebearTopic starter

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Paying global staff with bitcoin?
« on: September 19, 2015, 03:16:35 AM »
Hiya! I'm brand new to the forum and am very interested in using bitcoin in my new online biz I'm launching soon. It will be a website that teaches English so as you can imagine there will be customers and teachers from all around the world. I need to both get money in and out easily and effectively. Getting it in shouldn't be a problem as there's paypal, etc. I'd like to be able to offer a fast and effective wages payment service and bitcoin looks like it could work. As I said, I'm brand new to the forum and also to bitcoin. I setup a few wallets the other night but haven't started playing with them yet to familiarise.


Anyway...I'm going off in sorts of directions here. Bottom line is I ideally would love to know:


1) Is this possible? If so, how
2) Can this be done anonymously so as to give teachers choices in regards to taxation obligations


Any suggestions or help would be greatly appreciated


Thanks heaps!
Alex


Offline Theinvestor

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Re: Paying global staff with bitcoin?
« Reply #1 on: September 19, 2015, 07:49:16 AM »
Are you thinking about buying bitcoin with paypal? That would be a very bad idea as you will be having a hard time looking for people who will accept paypal for bitcoin. The reason is paypal itself is too risky to accept with all of its chargebacks and disputes. If you're really thinking about using bitcoin, I'd be glad to help you out and so does the community.

1. Withdrawing bitcoin is easy. You can either select from the following options:

  a. Look for a local exchanger in your area. You can use localbitcoins.com but the premium fee is way too much that you might not see this a better option.
  b. A bitcoin to fiat withdrawal service using prepaid cards. Take a look at https://ecoin.eu service. You can deposit and withdraw your coins hassle-free with their Mastercard from xmlgold.eu. They even offer bank wire transfers/deposit option.

2. Bitcoin is anonymous. You may need to educate the workers on how to use it and how they can benefit from it by avoiding tax in their country. Bitcoin is well known around the world now and almost each and there are services in different countries
The following users thanked this post: alexthebear

Offline alexthebearTopic starter

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Re: Paying global staff with bitcoin?
« Reply #2 on: September 20, 2015, 02:23:27 AM »
Thanks for sharing your knowledge. I registered with both eCoin and XMLgold. Also, not thinking about buying bitcoin with paypal at all. Once my new business is up and running I will be mainly receiving fiat currency and then want to be able to easily and anonymously convert into bitcoin and then send to staff. I noticed that XMLgold have 1000EURO limit on unverified accounts and 6000EURO per day for verified accounts. I am more than happy to verify but they are asking for a lot of info so just need to get comfortable with them first. I saw their mastercard is 15euro so thinking about ordering one to be sent to me here in Australia and start to play with it and get familiar with it. Cheers!

Offline StrawberryF

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Re: Paying global staff with bitcoin?
« Reply #3 on: February 03, 2016, 03:29:32 PM »
It's really possible! Just search for the good service


 

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