The life of a freelancer offers unparalleled freedom and the ability to make a living from your talents entirely on your own terms. When you work from home, it also affords you a certain satisfaction. There is nothing quite like sipping your coffee and enjoying a leisurely start to your day while those around you scramble through the rain on their busy and stressful morning commute. However, veteran freelancers know that their life is not quite as rosy as their peers may imagine. The life of a freelancer is complicated by untrustworthy clients, clients who make late payments, or doing business with overseas clients, which can mean that they have to take a hit on the exchange rate. The life of a freelancer offers a great deal of freedom and autonomy but it offers little in the way of certainty, especially where money and payments are concerned.
Thus, freelancers are grateful for whatever stability they can get both from their clients and from the payment methods that they use. Here we’ll look at how accepting payments in Bitcoin and other cryptocurrencies can benefit freelancers…
It’s super secure with no risk of fraud
Being able to accept secure payments is essential for a freelancer. Fortunately, the block chain technology upon which Bitcoin is based is extremely secure. Because there is no central storage of block chain data, it is virtually impossible to hack. Be sure to use a Bitcoin VPS to ensure the ultimate protection. If you’ve ever accepted a credit card or PayPal payment that was later proven to be fraudulent you know how irritating chargeback fees can eat into your profit margins. Bitcoin does not represent this risk as payments cannot be cancelled or reversed once they are processed.
It makes you more appealing to clients
In a rapidly evolving digital climate, some of your clients will be more tech savvy than others are. Many prospective clients out there may use Bitcoin regularly as part of their operations and will find you more appealing if you advertise that you accept this form of payment. Simply stating on your website that you accept Bitcoin payments could generate interest from prospective clients who might otherwise have taken their business elsewhere. You have nothing to lose, but a great deal to gain.
It’s easy and intuitive to set up and receive
If you’re nervous about the prospect of adopting Bitcoin, the good news is that it is neither difficult not time consuming to set up and it certainly needn’t involve investing in costly infrastructure or expensive overheads. It takes just a few hours to set up a payment API and link it to your business bank account.
It broadens your reach
Most freelancers are always on the lookout for new platforms upon which they can promote their services. There are platforms out there like XBT freelancer that exclusively allow transactions using Bitcoin for both freelancers and their clients. Accepting Bitcoin payments can broaden your reach and make you accessible to potentially lucrative clients.
Wherever you are in your freelance journey, you’ll find that there is a plethora of reasons why you should consider accepting Bitcoin payments.