Getting Started as Employee/Contractor on Bitwage

This article lets you know what to expect during the sign-up process and the stages you will be going through in order to set up account and get paid!

How long does sign-up take?

• From Sign-Up to being ready to Payment Ready can take as little as 10-15 minutes if all materials are on hand 

What do I need to sign-up?

• Government issued ID
• Valid Tax ID

How do I get started?

1. Sign-Up and create user profile: Secure your account by verifying your email and SMS. 
2. Get Onboarded. During onboarding we'll ask for some personal details for ID verification. Once your information is verified, you'll be officially approved to use Bitwage!
3. Set up your account: This is when you let Bitwage know who will be paying you and where you want your money sent! 
4. Send bank details to employer/clients: Once that's done employees will send updated bank details to their employers and contractors can generate invoices for their clients.

And that's it! You're now ready to get paid on Bitwage. 

 

Getting Started Picture Guide

Below you will find the picture guide for getting started. We'll walk you through all the steps, from setting up your account to receiving your payments hassle-free.

Creating User Profile:

1.  Once you click on "Sign Up," you will be directed to a page where you can choose between our products for Workers, Companies, or via referral links. For this process, please select the option for "I am an individual."

2. Fill out your name, email, and password to create login credentials. Be sure to make a better password than the example! Click create account.

3. You will be prompted to verify your email. Go ahead and check you inbox where you should find an email from support@bitwage.com with a button to verify. If this button doesn't work please paste in the link provided in the email. Remember to check your Spam folder if you cannot find our email. 

The email you receive will look like this!

Once you click on the link, you will be directed to a screen that looks like this.







After entering your phone number, we will send you a code that you will need to input on this screen..

4. Upon entering the correct code you will have created your user profile and secured your account! Next step - Onboarding

Onboarding/ID Verification:

1.  First, we will ask you to provide some Personal Information for verification purposes, to comply with legal and our compliance department's requirements, you must provide your address and tax identification number or SSN. This information is mandatory for those receiving payments in the US, EU, CA or UK. For more details on our security policy, please see here. here.

2. The next step involves uploading the necessary documents to complete your identity verification. You can easily scan the QR code using your mobile device's camera to upload the images.

3. After you have uploaded your documents you may be instantly verified (congratulations!) or you may see a screen that says awaiting verification. Not to worry if you get that awaiting verification screen! This just means your applications will need a little extra review. In some cases our compliance department will reach out to you directly in the next 1 to 3 business days to request any supporting documentation.

At this point you can start setting up your account, even if you are awaiting verification!

Complete Set-Up:

Almost ready to get paid! During account set-up you will complete your employer/client information and set your allocations. Your allocations are the destinations you choose for your deposits. More info on them here: What are allocations?

1. Navigate to "Complete Setup"

2. Enter your employer or client information

Depending on whether you are a contractor or an employee, you will need to input the details of your employer or client. This information helps us identify the source of your payments and the currency involved, allowing us to provide you with the correct banking details for each payer, as banking information varies by currency.

 a_ To do this, navigate to the menu on the left and click on "Payers." You will see an interface similar to this. From there, select "Add Payer," and choose whether you are adding a client or a company based on your needs.

Now that you have added your employer or client, it's time to set up your allocations!

You can choose to allocate your income to either a bank account or a virtual wallet!

If you have the premium plan, you can designate up to 3 different bank accounts and 3 different virtual wallet addresses. To learn more about the benefits of the premium plan, click here.

Adding a Bank Account

Navigate to the menu on the left where it says "Allocations."

a. Select Country of Bank Account

b. Enter your bank account details and click on "Verify Bank Account" You will then receive an SMS code on your phone that you need to enter to complete the verification process.

c. Once added, you will be able to see it on your dashboard.

Adding a Cryptocurrency Wallet

a. Select cryptocurrency from dropdown. 

depending on the network you are using, this will determine your selection.
 

b.  Enter your address and click "Verify Cryptocurrency Wallet." Then enter SMS code sent to phone.

 

4. Allocate your Income using Slider - the slider lets us know your desired ratios going to your destinations. You can also change these later under the "Bank Accounts and Wallets" tab from your Bitwage homepage.

5. To remove an allocation: Simply adjust the slider for the allocation you wish to delete, setting its percentage to 0%. Don’t forget to click on "Save" to confirm your changes! You will see a red trash bin icon, which you can click to permanently delete the allocation.







Almost ready to get paid!

• Now that you have defined where the money will be sent, it's time to provide your employers or clients with the necessary bank details for processing payments.

  • For Employees: Once you have completed your account setup, you will be able to view your banking details easily. You can access this information at any time by navigating to the "Payers" section and clicking on "View" under Bank Details.

    

• For Contractors - Once you have completed set-up you will be able to generate an invoice. This invoice will have the bank details for your clients.

  • To generate an invoice go to your Client List and select the client then > Create Invoice. You have the option to email this directly to your employer or download as a PDF for your own files. Generating invoices is very important for letting us know you are expecting a payment.

    

• For more information on creating invoices please visit: Creating an Invoice