The cryptocurrency market has bloomed continuously, even during the global pandemic causing unfavorable conditions in the global economic market. Several startups have emerged in the crypto market in order to cater to the ever-increasing demand for Bitcoin and other cryptocurrencies.
With so many years, the value of Bitcoin has increased to a great extent. Now, several companies accept crypto as a legitimate means of transactions and payments. Recently, many companies also started paying their employees in Bitcoin. Usually, crypto companies making their coins pay their employees in their local coin; hence, it not unexpected.
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Some Of The Top Companies Paying Their Employees In Bitcoin
GMO Group
GMO Internet Group mainly concentrates on developing internet infrastructure, media, online advertising, cryptocurrencies, and internet finance. GMO partners with sophisticated financial intermediaries, institutions, and families to provide creative solutions in order to meet customer demands.
Last year, the company declared that its employees would start receiving payments in Bitcoin. The decision made to promote cryptocurrencies. The offer was available for 4000 employees in the Japan headquarters of GMO.
IM
IM is now known as OpenWeb. Spot.IM focuses to improve and democratize conversations online. It uses machine learning and AI to promote decrease toxicity, healthy dialogue, and improve engagement among different communities.
IM has its own cryptocurrency exchange through which the employee’s salaries are converted to BTC and sent to their digital accounts. It considers the average of the lowest and highest Bitcoin values on the day of the transfer so that market volatility does not affect the payments.
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SC5
It is a Finnish Internet Technology company that develops software, applications, and offers other such services. The company gives migration assessments and technical evaluations. Also, it develops and implements concepts and solutions from ideation to post-analysis. The company also started paying its employees in Bitcoin long back in 2013.
io
The company was founded in the year 2014. Purse.io provides its users with unused Amazon gift cards. Moreover, it allows its users to buy products from Amazon on crypto. The company pays its employees in Bitcoin Cash.
Similarly, there are several other companies like Bitwage, Fairlay, etc. who pay their employees in Bitcoin.
