Quote:
Originally Posted by jscott
You're bringing up the volatility with payments, if you see how Chaturbate has it, beautiful.
You get paid a few days after period ending OR you can submit payout asap at any given time (as long as minimum payout required)
It gives us a little control & no way is it perfect, nor is any other payment option, but this is the best one I've seen any sponsor have
BTC payout automatically after period ends, with option to request payment at any given time (must allow few days processing).
Those of us choosing the BTC payout option must accept the fact we might gain/lose depending on the volatility. I'm not saying EVERYONE should choose it, it's not for everyone
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How do they do the accounting for it? Do they buy the BTC equivalent when you earn it and then pay you out that amount later on, or do they report what they owe you in USD and then just pay out whatever the equivalent is in BTC?