1. FAQs
  2. Depositing and Receiving

Which local currencies or digital currencies can be received as payouts?

Bitwage users can choose to have payments disbursed via Cryptocurrency (Bitcoin, Ether), Stablecoins (DAI*, USDC** on Stellar or Ethereum, USDT on Tron or Ethereum and cUSD) or bank outputs.

*DAI outputs could experience slippage and are not always exchanged at 1 DAI to 1 USD. Use USDC or CUSD to avoid slippage.

**USDC is not available to US users

Bitwage can also receive cryptocurrencies and the first five bank currencies listed here for payroll funding.

Below is a list of the bank outputs available. 

  1. 🇺🇸 U.S. Dollars (ACH to domestic bank accounts only)
  2. 🇪🇺 Euros to 34 SEPA Zone countries (EURO Bank Deposit - SEPA Credit).
  3. 🇨🇦 Canadian Dollars (local PAD only)
  4. 🇦🇺 Australian Dollars
  5. 🇧🇷 Brazilian Real (BRL Bradesco, Caixa, Banco do Brasil Intra-Bank Transfer or TED Deposit 107)
  6. 🇬🇧 U.K. Great British Pound
  7. 🇦🇷 Argentinian Peso (ARS local bank transfer, minimum $600 per transfer, set-up)
  8. 🇲🇽 Mexican Pesos (SPEI bank transfer)
  9. 🇵🇭 Philippines Pesos
  10. 🇮🇳 Indian Rupee (via Giottus only)