Freelancing is not a new concept. The ability to make one’s own schedule full-time or possibly generate a side income part-time is attractive to many.

In the past decade, the creation of online freelance opportunities, known as “e-lancing”, marked a significant improvement to the freelancer’s lifestyle. The need for physical meetings, advertising, and lengthy correspondences were largely eliminated.

This past month, the freelance industry took another giant leap forward in the form of Crypico. Crypico is the first freelance platform that allows for the payment of freelance services in the form of any cryptocurrency.

While the use of electronic payments with fiat (read: US Dollars or similar) was, at one time, a revolutionary improvement, the use of cryptocurrency marks significant improvements in several ways:

No fees. The first and foremost improvement of using cryptocurrencies and the Crypico platform is the elimination of fees. Current freelance platforms take over 20% of a freelancer’s earnings. Furthermore, using cash on other platforms subjects freelancers to additional mandatory withdrawal fees to transfer to their bank accounts. In many cases, banks will then charge yet another fee to accept the transfer. Crypico has completely eliminated these fees. The Crypico platform is entirely free to use. No bank account needed. Another benefit to the use of cryptocurrency as a form of freelance payment is the elimination of the need for a bank account. Previously, millions of unbanked people around the world were unable to participate in the global freelance economy. Furthermore, the use of cryptocurrency circumvents the inconvenient rules and regulations imposed by bank accounts. Instant payments. A huge draw of the use of cryptocurrency is its exceedingly quick transaction times. What once required several steps to transfer fiat between different platforms and accounts is now minimized to just one transaction. Additionally, using cryptocurrency gives its users much more control over their funds. No longer must freelancers wait several days for their bank account balances to be available for spending. Freelancers now have full control over their earnings the moment the funds arrive in their wallet.

The Crypico platform has been receiving significant praise in the worlds of freelancing and cryptocurrencies. With a strong development team and new features coming out every week, we are confident Crypico will quickly become a fixture in the arsenal of worldwide online earners.

Learn more about Crypico HERE