Quote:
Originally Posted by brandonstills
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?
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I believe their BTC payout setup is something like this:
Mar3 payday
Affiliate is owed $100
They submit $100 to a 3rd party service who receives the $100 & buys BTC at any market rate, sends BTC to Affiliate (minus all fees & exchange rate)
Affiliate receives the $100 in BTC minus the fees
CB marks paid, the $100 aff payout
Pretty sure ePayments had the same thing