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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: 22,070
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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: 49,025
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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
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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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#5 |
Too lazy to set a custom title
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Join Date: Feb 2005
Posts: 17,267
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#6 |
Natalie K
Industry Role:
Join Date: Apr 2010
Location: Spain
Posts: 19,376
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i´d say, coz most people paying by crypto are dodgy, launder is a big business
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#7 |
🔥Adult Design Team
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coz crypto-billings take 8-10$ comission for $20-30 payment
just try to make any USDT payment))
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#8 |
Confirmed User
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Join Date: Oct 2013
Location: Canada
Posts: 890
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Taxes, fraud and KYC regulations.
I would never do it as I don't want to risk having that discussion with the CRA in Canada: "I sent 1000$, there, 2000$ there and 5000$ there." "Who are they really? Give us full names and address." "I don't know." |
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#9 | |
Make GFY Great Again
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Join Date: May 2022
Location: Louisiana
Posts: 11,020
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#10 |
Make GFY Great Again
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Join Date: May 2022
Location: Louisiana
Posts: 11,020
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Using crypto instead of another form of payment doesn't stop you from knowing who the affiliate is.
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#11 | |
Confirmed User
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Join Date: Oct 2013
Location: Canada
Posts: 890
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Quote:
What if a company gives you an address that belongs to someone else? I've also had chargebacks from 2 years back from some affiliates that do card-banging. With crypto... There would be no recourse once the money is sent. I travel for shoots... With gear... I don't really feel like having to explain to customs where 10s of crypto transactions go as well as all the other things they already know. |
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#12 |
Confirmed User
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Join Date: Apr 2012
Posts: 606
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If they don't, they should.
@femdom, are you referring to getting paid in unpopular cryptocurrencies? All the affiliate programs listed in my signature offer Bitcoin payouts. I checked some paysites, and some of them do not pay in crypto, but I think they should.
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#13 | |
Make GFY Great Again
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Join Date: May 2022
Location: Louisiana
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#14 | |
Too lazy to set a custom title
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Join Date: Feb 2005
Posts: 17,267
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#15 |
SEO Connoisseur
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Join Date: Apr 2003
Location: Brantford, Ontario
Posts: 16,746
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Data shows about 1 in 6 U.S. adults — 17% — have ever invested or used cryptocurrency, while half that — 8% — have used it in the past year
This table in the link below shows Americans' outlook on owning cryptocurrency by demographic and political groups. As of the most recent data from June 2025, 14% of U.S. adults currently own cryptocurrency, with the highest ownership reported among men aged 18 to 49 at 25% https://news.gallup.com/poll/692777/cryptocurrency-limited-main-street-appeal.aspx#:~:text=Americans'%20Outlook%20for%20O wning%20Cryptocurrency&text=This%20table%20shows%2 0Americans'%20outlook,18%20to%2049%20at%2025%25. Those are pretty small numbers and it seems that Americans mostly use it to save and not as a form of daily currency. Overseas is different and where you'll find more of an acceptance to use crypto as currency rather than the US. If I walk into a store and try to buy groceries or clothing they'll for the most part and very likely say no - and request you pay cash or other forms of payments like credit cards. The economy in North America simply isn't set up for it - and that goes online as well. Also from a study from last year the majority of Americans aren’t confident in the safety and reliability of cryptocurrency. That is why even online Americans still get nervous using credit cards - image trying to use crypto?? Americans and Canadians as well simply aren't ready for another form of payment that to them - isn't safe and secure - likely because their banks don't advise it. Finally - media/TV etc. even in the roast of Tom Brady if you remember - during the Nikki Glaser roast of Tom Brady, she did make jokes about his past investments in FTX and Bitcoin. The roast specifically targeted Brady's involvement with FTX, which had recently experienced a high-profile collapse, and his association with crypto in general. Some jokes even went as far as to suggest he was naïve about the nature of Bitcoin, implying he didn't understand it wasn't real money That is exactly how North America feels about Bitcoin, crypto etc. - it simply isn't real money. https://www.pewresearch.org/short-re...ryptocurrency/
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#16 | |
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#17 | |
Make GFY Great Again
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Join Date: May 2022
Location: Louisiana
Posts: 11,020
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Quote:
Affiliate payouts have nothing to do with what customers do.
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#18 | |
SEO Connoisseur
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Join Date: Apr 2003
Location: Brantford, Ontario
Posts: 16,746
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Quote:
Since Paxum is an international payment platform, it's likely that a portion of these users are based in the United States. However, Paxum's website does not break down user numbers by country. They do offer virtual USA accounts I know you desparately want webmasters and us to believe that more Americans are using crypto for payments both online and in stores but that simply isn't the case. With lack of trust and the ongoing idea it's not real money or a stronger reliance on Credit Cards North American's are slow to change. again I show more statistics https://usafacts.org/articles/who-is...ryptocurrency/ Cryptocurrency is most often used as an investment: in 2023, 7% of all US adults bought or held crypto as an investment, 1% used it to pay for something, and another 1% used it to send money to friends or family. Among those people, 29% said they used cryptocurrency because it was preferred by the other party in a transaction. Other reasons for trading in crypto included transfer speed (18%), privacy (16%), lower transaction costs (13%), safety (7%), and lack of trust in banks (4%). Along racial and ethnic lines, 11% of Asian adults used cryptocurrency, compared to 9% of Hispanic adults, 8% of Black adults, and 6% of white adults. Is cryptocurrency use increasing? According to the Fed, the 7% of US adults who used crypto in 2023 was down from 10% in 2022 and 12% in 2021. Usage is decreasing both as an investment (from 11% to 7%) and as payment (from 2% to 1%).
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