How To Get Paid In Crypto

How to Become Paid In Crypto: OnJuno Has Arrived!

May 25, 2022 |
Updated October 24, 2022

Wondering how to get paid in crypto? Here’s your answer!

Cryptocurrency is revolutionizing how nosotros shop and manage value, and increasingly, people are looking to crypto as a manner to save their earnings.

Simply the vast bulk of employers even so do not pay in crypto, which poses a claiming for those who desire to consistently interact with the system, or increase their crypto portfolio: the process of ownership crypto with your fiat is relatively time-consuming, cumbersome, and requires using a third-party wallet that you don’t command.

So imagine if y’all could automate this process by instantly converting some of your paychecks each month into crypto – and having information technology sent directly to your hardware wallet. In this article, nosotros explore how one service is doing just that – and how its partnership with Ledger Live makes the whole process even more than secure! Let’s go into it.

Ownership Crypto with your Paycheck – a Non So Slick Process

When information technology comes to managing your monthly paycheck, the story is pretty straightforward. Only gear up an gild with your bank to ship some of your wages each month to a different account. It’s seamless, information technology’s piece of cake and you lot but demand to ready it up once for both of your accounts to coexist in harmony.

Just what nigh converting that same amount into crypto? This is where the process becomes a fleck more circuitous.

More and more than of us are ownership crypto regularly with our fiat. Whether information technology’s as a shop of value, to enable us to transact on dApps and DeFi platforms, or simply every bit a way of ensuring office of our savings is completely uncensorable, in that location are multiple good reasons why you’d regularly convert some of your greenbacks into blockchain-based assets.

Just despite becoming a routine for many of u.s., this process remains tricky for a number of reasons.

Time-consuming

Buying
crypto with fiat ordinarily ways you have to go through a centralized exchange – this process can be cumbersome considering it requires yous to do a new transaction for every fiat to crypto conversion you brand. At that place is no style of automating the process of buying in.

Non Completely Secure

And of course there’s the question of security. When yous use an commutation, you’ll initially receive your finds in the platform wallet. The problem with that is you don’t command the private key for that wallet. In fact, you never fifty-fifty know them. Instead, you’re relying on the platform giving you lot access to your wallet each fourth dimension you lot log in. What does this mean for you?

It ways that the exchange controls your funds, not you. So if the platform is hacked, censored or goes bankrupt, it will take your coins with it. This is why self-custody is always, e’er the better option for securing your crypto, and moving your coins to your ain hardware wallet should be #1 priority. Only that too comes with a price.

Fees, Fees, Fees

Using an exchange ways moving your crypto effectually – and moving your crypto around ways fees. In this case y’all’re paying twice.

• On-ramping at an substitution incurs a transaction fee for you, which you pay to the substitution itself.
• And that’south not all. When you transfer your crypto from the platform wallet to your own secure wallet, you’ll need to pay transaction fees to the blockchain to take the transaction processed.

In curt, if yous’re non conscientious, you lot might terminate up spending a practiced chunk of your newly converted crypto on fees.

Then although crypto brings to the table a load of new possibilities that might leave you neat to abound your wallet, converting your fiat – and doing and then consistently – is a procedure that needs to be improved in a number of ways if it’due south to become a comfortable routine.

That’s where OnJuno comes in…

Go paid in crypto – seamlessly

OnJuno is a fintech company that allows people to get all or office of their paycheck in crypto – including  BTC, ETH and USDC. Its mission is automating the cumbersome procedure of converting fiat to crypto, enabling users to make this function of their regular routine. And then how does it work?

How OnJuno Works for You

Let’s take a closer wait at how OnJuno works past using an example.

Let’south you earn $3000 a calendar month. Your employer only uses your OnJuno bank business relationship to pay you lot that salary, and from there, a ready corporeality of fiat (adamant by you) is automatically converted into crypto by OnJuno (charging 1% fee) each month.

In effect, OnJuno creates a direct eolith setup (sort of like a payment each month into a savings business relationship) that automatically converts a portion of your paycheck (set past yous) into crypto.

OnJuno Partners with Ledger Live

Every bit a partner of Ledger, OnJuno offers another unique benefit: you can seamlessly ship your newly converted crypto paycheck direct to your Ledger wallet. This brings you a number of advantages

1. Simple, fast and convenient
   for you

Forget clumsy on-ramping processes with multiple steps – OnJuno streamlines the process of converting fiat to crypto. It receives your pay, converts to crypto and sends the sum to your hardware wallet all in one unmarried process, allowing you to spend your precious fourth dimension elsewhere.

2.
Secure storage,
no risks

Ledger’s mantra is pretty uncomplicated: an offline key is the only fundamental. Keeping your avails safety ways ensuring they are ever secured at a blockchain accost secured by an offline key.

By instantly sending your crypto to the accost protected by your Ledger Nano, OnJuno sidesteps the risks of using an substitution wallet, and keeps your crypto under your control at every step –
that’s the style information technology’due south meant to be, right?

3.
Transparent fees

Say farewell to confusing commutation fees every time you buy crypto – OnJuno charges a flat 1% each fourth dimension it converts your paycheck, meaning you’ll accept consummate transparency and control over how y’all’re managing your value.

4.
Dollar Cost Averaging – The Smart Approach to Crypto

How you approach crypto will ascertain your feel in the space, and in that sense, OnJuno is  a perfect identify to outset.

By allowing y’all to purchase into crypto steadily, over months, OnJuno enables yous to mitigate your exposure to crypto price fluctuations, while even so enjoying the benefits of the blockchain ecosystem. Check out our article on Dollar Cost Averaging for more on how that benefits you.

Ledger Live – Making Crypto Piece of work for Your Life

Beneath the hype and jargon, crypto is almost how you manage your value – and value is virtually making your life easier, whether that ways saving for the future or being able to benefit from a new ecosystem.

With each new bridge to the world of fiat, crypto has more utility for our existent-earth life – and Ledger is here to bring you the best tools in the safest environment, every bit they emerge.

So continue on learning and stay up to engagement on how to make crypto work for you lot, in the safest environment – we have you lot covered!

Knowledge is power.

What is money anyway? This 1 question elementary is at the heart of crypto – and the answer might surprise you. Prepare to have your listen blown? Cool – let’south do information technology
Sch


ool of Cake!