Good for Recruitment:
Offering cryptocurrency as a means of payment can serve as a great way to attract employees. Cryptocurrency can make the job seem more interesting especially for candidates that are young and into these new financial trends. It also sends out a message about your company, that it’s open-minded and looking to try new trends. Offering a crypto paycheck can be a unique approach that will attract a certain audience.
No Exchange Rates with Crypto:
When using cryptocurrency there’s no worry about exchange rates. In the case of employees from different countries translating money from one currency to the next can be a little frustrating but when using crypto there’s no need for translation. Crypto is also a faster way of payment and employees could almost immediately convert the crypto paycheck into their local currency if they please.
Opens Doors For Employees :
When you accept cryptocurrency as a payment method, you can also improve your workers’ financial literacy by teaching them about different sorts of investments. Your employees get crypto without having to buy it. They can then decide whether it’s preferable to keep their money in cryptocurrency or convert it to fiat currency and invest it in other things.