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RE: Ask Leo: Do You Still Prefer Getting Paid In Crypto Or Fiat?

in LeoFinancelast year

Fiat.

  1. Less transaction fees. Most of my expenses are in fiat, selling crypto to pay for fiat expenses would cost me more
  2. It is not likely my employer would offer me a fixed amount of crypto while the crypto is going up, they would not absorb the cost.
  3. Fiat is a bigger market with higher volume than crypto, and you can always just buy crypto.
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Yeah, great points buddy. I carry out most of my transactions in crypto though, even groceries and when I use my local currency it's by a debit card or transfer. I believe the whole crypto payment works well if the employer is also willing and it pays them. But I also understand the laws in some country don't favor such kinds of payments.