Fivver is a peer-to-peer service platform that helps businesses find and market to customers more efficiently. Fivver currently only accepts cash payments and does not accept any cryptocurrencies at this time. Fivver accepts other currencies through third party payment processors such as Stripe, PayPal, and Cash App. While these services do not support cryptocurrency directly, they can potentially be used to indirectly process cryptocurrency payments on Fivver.
Can You Pay with Cryptocurrency on Fivver?
In a round about way yes, but Fivver doesn’t currently accept any cryptocurrencies directly. You can use a separate payment service to send a crypto payment to a seller, but this would mean that you are working outside of their system and with crypto this could be dangerous. You’re much better off using a site like Latium Freelancing, that does in fact allow direct crypto payments with escrow to the seller of a service.
Why Doesn’t Fivver Accept Bitcoin?
Fivver is a peer-to-peer service platform that helps businesses find and market to customers more efficiently. So far, there are over 2 million customers on the platform and has completed over $100 million in transactions. Well established businesses such as Fiverr generally have longstanding relationships with traditional credit card processors. With an emerging technology such as Bitcoin or crypto, companies such as Fiverr often use caution in implementing such a new system.
Pay With Crypto On Latium
Latium is a freelancing site similar to Fiverr where sellers can offer their services to be purchased directly in cryptocurrencies. Latium has an internal escrow and crypto wallet system that takes the worry out of using crypto to have work completed. Without a site like Latium, paying anyone with crypto for freelancing work can be very risky as neither party has any recourse should there be a problem with the transaction.
Final Words: The Future of Cryptocurrency Payments
Cryptocurrency and blockchain technology are now a mainstay in the news, and for good reason. Cryptocurrency is poised to change the world for the better. The way we conduct financial transactions will be transformed, and fraud will be minimized or even eradicated. Although cryptocurrencies are still in their infancy, their potential is nearly limitless, especially when it comes to peer-to-peer transactions. The future of cryptocurrency payments on sites like Fiverr looks promising, but you don’t have to wait to pay for gigs and services in Bitcoin and other cryptocurrencies. You can start working and hiring in crypto today on Latium Freelancing.