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Payment withdrawal in Bitcoin

ireneblessing
Active Member
Irene N Member Since: Oct 15, 2019
1 of 11

Hello, UpWorkers. 

 

I kindly want to know if Up Work has ever thought of providing Bitcoin as a payment withdrawal method for freelancers? I come from Uganda but I lose a lot of money in transfers i.e. If a client pays 100 dollars, I only receive 60 dollars which I find so unfair. Paypal also blocked our country from receiving payment. Everything is a hassle for us, Is there a way Upwork can help a Ugandan, please?

kirnazdogan
Community Guru
Dogan K Member Since: Nov 2, 2019
2 of 11
Irrelevant but did you try Payoneer? It cuts only $1 in every withdrawal. I also can't use Paypal, and Payoneer works very well to me.
ireneblessing
Active Member
Irene N Member Since: Oct 15, 2019
3 of 11

Hi Dogan, 

 

Thank you for your reply. However, Payoneer for $100 it charges 15 dollars to transfer to my bank account. Also, the bank takes a percentage off that money. 

aocumen
Moderator
Avery O Moderator Member Since: Nov 23, 2015
4 of 11

Hi Irene, 

If I remember correctly, this has been suggested before but we do not have a timeline when it will be considered. Just the same, I will share it again with the team so that this suggestion can be reviewed and considered. 


~ Avery
Upwork
ireneblessing
Active Member
Irene N Member Since: Oct 15, 2019
5 of 11

Hi, Avery

 

Thank you for your reply, and I appreciate your efforts. If Up work considers adding BTC as a payment option, it will be the coolest thing ever. 

telmodfs
Active Member
Telmo S Member Since: May 10, 2021
6 of 11

I am also very interested in this, especially with the depreciation of the US dollar against other currencies. It's not easy to receive dollars and spend euros.

tuhalf
Active Member
Omer A Member Since: Aug 16, 2020
7 of 11

Hey Doğan, actually to withdraw fee to payoneer is 2 dollars and to withdraw money from payoneer to your local bank account you pay %2 fee (Considered you don't have payoneer card. Even if you have one, It cuts 3.15 dollars to withdraw from atm and it has an annual fee of 29.95 USD.) If you calculate, the direct to local bank method that Upwork offers has a better exchange rate. I am curious how you withdraw your payments with minimum fees. I am new to Upwork and I'm holding my money in my Upwork account to figure out the best method. It would be really helpfull if you assist me. 

fred_virtualab
Active Member
Fred V Member Since: Nov 25, 2016
8 of 11

I total agree with you.
Some time ago I have tried to ask this here on upwork..
we should have more options to withdraw like, Bitcoin, Ethereum or any other way would be great. Im stucked with Payoneer. In average 6% is gone. Bank goes higher dont know the numbers anymore. but more then 15%,
+ 12% of tax
+ 5% > 25% upwork fee >
almost half of your work is gone before it arrives on your hand.


I realy dont understand why is not possible to add more ways fo us to withdraw.
Please help understand what is the problem to add any cryptocurrency to withdraw? Is also possible to make a new coin directly in the system. ...With an internal prepaid card kkkkk Imagine upmoney cryptocurrency. With a fix 1 > 1 dollar conversion. There are plenty ways to do this. Thats not difficull to do. Im sure you can get as many programmers as you want and able to do this on upwork.

Just let free our money. So we can guide it to our pockets the way we desire. We know best, what to do with it.


c2612e2f
Active Member
Nicholas A Member Since: Jan 7, 2021
9 of 11

Payoneer support is not the best. If you try to reach out to support there, you will be responded to by bots. A real human will respond to you after 2 business days, that is if you have persisted through the bots. So if you get a problem with your payment, it could take you more than a week to get it resolved there if you are persistent. 

906ec147
Active Member
Pablo B Member Since: May 5, 2020
10 of 11

Here in Argentina its the same, paypal its blocked, and the only way is to sell USD dolars at 50-70% less price to get ARS pesos, thats not fair, they scams you. Im trying to use Bitwage but it seems banned by upwok...

 

Paypal its banned here, and payonner sends you pesos at the "oficial change".