Monday, February 26

NYDIG Unveils ‘Bitcoin Savings Plan’ That Lets Workers Get Paid in Crypto

For Hannah Perez

The company launched a new service that offers workers to change a percentage of their monthly salary to Bitcoin. An NFL star already uses it.


NO, the company providing solutions financial products based on Bitcoin, has presented a new service that allows workers to receive their payroll payments in the famous cryptocurrency.

Called “Bitcoin Savings Plan” (in Spanish “Bitcoin Saving Plan“), the benefit program makes it easy for workers to convert a percentage of their paychecks into Bitcoin. The company announced the launch of the new product this Tuesday, through a release which was shared on Twitter.

Employees ask to be [pagados en Bitcoin] and we listen to them. With our new “Bitcoin Savings Plan”, companies can now offer an innovative compensation benefit for employees to buy, sell and hold Bitcoin securely without incurring any transaction or storage fees.

Interest grows in Bitcoin payroll payments

Employees enrolled in Bitcoin Saving Plan they can choose what percentage of their payroll they would like to automatically convert to the digital asset. The cryptocurrency funds are then kept in the cold storage system (offline) of NO no transaction or storage fees.

According to the statement, the National Football League (NFL) star Drew Brees is one of the first people to take advantage of the product to convert part of your salary from fiat currency to Bitcoin. Several companies Drew is involved with will also make the optional benefit available to their employees, including Everbowl Y StretchZone, He said NO.

In its 13-year history, Bitcoin has been an inclusive vehicle for wealth creation, and a Bitcoin Savings Plan is one of the easiest ways to start saving.“, commented on the athlete.

Also the company Fertitta Entertainment, Owned by Hospitality Tycoon Tilman Fertitta, Will Offer Pay Option to Houston Rockets Employees and Restaurant Giant Corporate Employees Landry’s.

Offering cutting edge benefits like a Bitcoin Savings Plan helps ensure we are attractive to the new generation entering the workforce and allows us to attract and retain some of the best talent in the industry.“, dijo Fertitta.

as you pointed out CoinDesk, Strike Y Coinbase They launched similar platforms last year, but they did not require an employer to register for a worker to benefit. NYDIG service, on the other hand, requires employer participation.

The product launch occurs in a moment of growing interest around the adoption of salary payments in Bitcoin. In the United States, several politicians have recently opted to receive their salaries in cryptocurrency, including New York Mayor Eric Adams. A few days ago, the Brussels deputy, Christophe De Beukelaer, became the first European politician to adopt this initiative.

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Article versioned by Hannah Estefanía Pérez / DailyBitcoin

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WARNING: This is an informative article. DiarioBitcoin is a means of communication, it does not promote, endorse or recommend any investment in particular. It is worth noting that investments in crypto assets are not regulated in some countries. May not be suitable for retail investors as the full amount invested could be lost. Check the laws of your country before investing.