Cryptocurrencies have gained immense popularity, transforming the way we handle money. This article explores the benefits and considerations of getting paid in crypto on Upwork. Whether you're a freelancer seeking alternative payment options or a client eager to tap into the potential of cryptocurrencies, understanding this emerging trend can be a game-changer for your financial journey.
Here is how you can get paid in crypto from Upwork:
1. Set up a Payment Method
- Go to the "Settings & Privacy" section of your Upwork profile and click on "Get Paid."
- Set up Direct to U.S. Bank (USD)
- Enter your Parallax account details. To get your information, log in to your Parallax account and click Accounts. Get your Routing Number and Account Number
2. Withdraw Earnings Manually
- Go to “Settings” and click on “Get Paid”
- Choose the “Get Paid Now” button
- Choose the amount to withdraw and click on Direct to US Bank option which is your Parallax account
- Choose “Get Paid Now”
3. To receive crypto, go to your Parallax account
- Once you receive your money from Upwork, go the Exchange tab.
- Enter the amount you want to exchange to crypto and choose your token.
- Review the exchange and confirm your transaction.
- It should automatically deposit into your Parallax wallet.
The rise of cryptocurrencies has ushered in a new era of financial possibilities. Using Parallax with Upwork has embraced this revolution by allowing freelancers to receive payments in crypto. Enjoy faster and more efficient transactions, lower fees, and enhanced privacy compared to traditional payment methods.