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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Confirmed User
Industry Role:
Join Date: Apr 2007
Posts: 5,175
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Why so many sponsors are not offering crypto payouts?
I was wondering why so many sponsors are completely ignoring cryptocurrencies as a way of payment.
AWE, Chaturbate, CamBuilder...they are doing it, but what about Pussy Cach, Webcam Wiz, Flirt4Free,Xlove cash
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Femdom Destiny -------------------------------------------- ICQ: 463-630-426 email: webmaster(at)femdomdestiny.com |
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#2 |
making it rain
Industry Role:
Join Date: Oct 2003
Location: seattle
Posts: 22,065
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Because it can be a nightmare to do it at scale. Banks don't want to deal with companies sending large volumes to crypto exchanges.
Serious affiliates who send volume generally accept wire transfers. |
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#3 | |
Videochat Solutions
Industry Role:
Join Date: Aug 2004
Location: Canada
Posts: 48,996
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Quote:
It is also a nightmare for accounting, and for taxes. And you can bet that alot of affiliates get pissed off when the value of a coin drops from the time they earn it, to the time they are paid. Imagine the service provider when the value increases between the time you earned it and the time they have to pay you out too. And besides everything else, comapnies that offer payouts in crypto just look shady AF. Do this: Just accept your payments in USD, invest it in whatever crypto you want, and take your own chances. It's alot easier that way.
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#4 |
Confirmed User
Industry Role:
Join Date: Nov 2016
Posts: 194
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Getting upfront payment is a better approach, but many sponsors are not willing to do so. Picking legit sponsors that care about their image works too but cuts out a lot of the options. In the end it is a balancing act between risk and earnings. Bad actors will always be able to raise some bullshit dispute to justify not paying.
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Tags |
sponsors, chaturbate, cambuilder, cach, flirt4free, xlove, cash, wiz, webcam, pussy, awe, payouts, crypto, offering, wondering, completely, cryptocurrencies, ignoring, payment |