Bitwage and Uphold announce partnership to easily convert your salary into Ethereum

Cryptocurrency payroll company Bitwage published a blog post explaining the importance of Ethereum.

Ethereum is the newest and hottest cryptocurrency, and has become the focus of enterprises, entrepreneurs and speculators. The market value of Ethereum has exceeded 10亿美金, and the decentralized autonomous organization (DAO) initiated by the platform has raised more than 150 million US dollars.

If you work for a regular company, your salary is unlikely to be in Ethereum. But now Bitwage has launched a new feature. It will work with Uphold, a leader in digital currency storage, to bring users into the decentralized world through their payroll.

You can apply for an account on Bitwage and ask your boss to deposit your salary into this account (using regular transfer procedures). Bitwage can automatically convert fiat currency into Ethereum or Bitcoin .

If you convert fiat currency through a digital currency exchange, you may have to wait for several working days. Bitwage hopes to help users skip all the troublesome procedures.

Bitwage has users in over 90 countries, and users can receive salaries from a variety of companies, including Google, Facebook, and even the US Navy.

Uphold can convert Bitcoin into more than 25种法币和4种贵金属. From now on, the wages you receive from your Bitwage account can be converted into Ethereum. Uphold will provide real-time proof of reserves and many more powerful features.

This cooperation heralds a further development in the use of Ethereum, and from now on users can easily convert between fiat currency and Ethereum.