Can we receive professional payments in cryptography?

The world of cryptomoney, a leader, followers and many imitators...Cryptomonnages, there are a lot of them nowadays. And because of the many opportunities created by the first of them, Bitcoin, it doesn't seem to be coming to an end.

Can we receive professional payments in cryptography?



The world of cryptomoney, a leader, followers and many imitators...

Cryptomonnages, there are a lot of them nowadays. And because of the many opportunities created by the first of them, Bitcoin, it doesn't seem to be coming to an end. Ethereum, Dash and Litecoin are all starting to make a name for themselves today. But in this race for virtual money, destined to become the Eldorado of the global economy, there are more and more systems that claim to be based on cryptomoney, but do not necessarily have the characteristics of it. So if you're thinking of receiving payments in cryptography, the first piece of advice we could give you is to check the nature of the cryptography in which you wish to be paid. Visit several sites dedicated to cryptomoney and make sure that the e-currency in which you are offered to receive payment is listed everywhere.

Also go to the website of the Autorité de Régulation des Marchés Financiers (AMF) to see if it may have been blacklisted.

Yes, as long as you choose the right portfolio

Cryptomoney is now too big a nebula for anyone to pretend that they can turn away from it entirely. Logically, professional payments should therefore be able to be made in BTC, ETH or other formats. Moreover, even Facebook is launching itself into the race for cryptomoney, through its crypto-currency Libra. This is a testament to the scale that these digital currencies are now taking on. In addition, some professional platforms (freelance platforms, e-commerce sites, trading sites, etc.) already offer transactions in cryptography. If you wanted more proof, here is one.However, before you agree to be paid in cryptomony, make sure you choose your electronic wallet carefully.

Here again, scams are multiplying on the market. To recognize a serious wallet, type its name followed by the word "scam" in Google; this will allow you to see if people have denounced it as a scam. When you land on the site or in the portfolio application, the design, text and functionality should all be professional. Everything has to be neat. If it isn't, there's a good chance it's a scam. The AMF also publishes blacklists of unauthorised players; check whether the company whose portfolio you want to choose is not on one of these lists.

Finally, read the general terms and conditions of use of the portfolio and find out to which regulatory authority it is attached. Also check in which country the company is based and which laws you will be subject to in the event of a dispute. During all these checks, trust your instincts; when it doesn't smell right, it's usually not good.

Beware of convertibility

Not all crypto-currencies are easy to convert into cash. Before accepting payment in Bitcoin cash, Tron, Ripple or Litecoin, do some research to see if you can easily find a platform where you can exchange your crypto-currencies for cash.All this caution might seem exaggerated, but it is essential if you want to avoid being scammed and if you want to get the most out of your payments. Of course, as in the case of a standard transaction, your payments in encrypted currency are also subject to the legal requirements governing your activity and must therefore be explicitly considered as any payment that forms part of your turnover.