How to Get Paid in Crypto as a Freelancer

Written by
Lou Zarcal
Published on
June 7, 2023
How to Get Paid in Crypto as a Freelancer

As the world rapidly embraces the digital revolution, cryptocurrencies have emerged as a transformative force in various industries, including freelance work. Cryptocurrencies offer numerous advantages over traditional payment methods, making them an appealing option for freelancers. In this article, we will explore the benefits of getting paid in crypto and provide a step-by-step guide on how to start receiving cryptocurrency payments as a freelancer.

Why Get Paid in Crypto?

1. Faster Transactions: Near Instant Payments

One of the most significant advantages of receiving payments in cryptocurrency is the speed of transactions. Unlike traditional payment methods that involve intermediaries and lengthy processing times, cryptocurrency transactions are near-instantaneous from anywhere in the world. For popular cryptocurrencies like Bitcoin (BTC), it usually takes around 10 minutes for a transaction to be confirmed.

2. Lower Transaction Fees: A Cost-Effective Option

Traditional payment platforms such as PayPal and Payoneer often charge 2-5% in transaction fees for their services. These fees can eat into a freelancer's earnings, reducing their overall income. On the other hand, cryptocurrencies offer significantly lower transaction fees, making them a cost-effective option for freelancers. Let’s compare crypto vs Paypal and Payoneer:


Payments can vary depending on the specific currency, wallet provider, and exchange used. Generally, cryptocurrency transactions involve network fees, which are determined by the blockchain network and can fluctuate based on network congestion. The fees range between 0% to 1.5% per trade. For example, Coinbase charges a flat fee of 1% to withdraw crypto to cash.


PayPal charges fees for receiving payments, especially for cross-border transactions or currency conversions. The specific fees depend on the country, the currency involved, and the type of PayPal account. For international transactions, PayPal fees can range from 2.9% to 4.4% of the transaction amount, with an additional fixed fee per transaction.


Payoneer is a popular payment platform for freelancers, particularly for cross-border transactions. Payoneer fees can vary depending on the specific payment method and region. For receiving payments, Payoneer charges a fee of approximately 1% to 3% of the transaction amount. Additionally, currency conversion fees may apply if you need to convert funds to your local currency.

3. Better Real-Time Exchange Rates: Maximizing Earnings

Another advantage of getting paid in cryptocurrencies is the ability to take advantage of real-time exchange rates. Paypal charges a 3.5% exchange rate markup while Payoneer charges 2%. Cryptocurrencies operate in a decentralized market, which means that their values fluctuate based on supply and demand dynamics and offer the best rates. By leveraging the real-time exchange rates, freelancers can potentially maximize their earnings by converting their cryptocurrency payments at favorable rates when they choose.

How to Get Paid

1. Ask your client or your employer

  • Discuss Payment Method: Talk to your employer or client and express your interest in receiving payment in cryptocurrency.
  • Choose a Cryptocurrency Wallet: Select a cryptocurrency wallet that supports the specific cryptocurrency you wish to receive as payment. Popular wallets include MetaMask, Ledger, Trezor, or wallets provided by cryptocurrency exchanges like Binance or Coinbase.
  • Share Your Wallet Address: Provide your employer with your cryptocurrency wallet address. Wallet addresses are unique strings of characters that identify your wallet on the blockchain network.

2. Use Parallax

  • Top up your Parallax wallet:

            Option 1: Withdraw your earnings from Deel, Upwork, or Fiverr

            Option 2: Create a payment request for your employer

  • Convert your money within the Parallax app by going to “Send” and entering your preferred amount
  • Review how much you want to convert into and confirm. You will automatically receive crypto in your Parallax wallet or receive it in local currency.

Getting paid in cryptocurrency as a freelancer offers several advantages over traditional payment methods. Faster transactions, lower fees, and real-time exchange rates make crypto payments an appealing choice for freelancers worldwide. By following the step-by-step guide outlined above, you can easily embrace the future of payments and unlock the benefits of cryptocurrency as a freelancer.

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