Getting paid in crypto as a freelancer

Crypto payment removes the wait and the cross border fees. It adds price risk and bookkeeping, so it pays to have a routine.

Agreeing the amount

Price the work in your own currency and convert at the moment of invoicing, with a short window stated on the invoice. Pricing in a volatile coin means agreeing to a number neither side can predict.

Which asset

A stablecoin on a cheap network is the most practical. The client pays what you expect and you decide separately whether to hold it.

Converting

If you need local currency, convert on a schedule rather than when the market scares you. If you are keeping part of it, decide the split in advance.

Records

Keep the invoice, the transaction id, the amount received and the value in your currency on the day. If you swap one asset to another, that swap is likely a taxable event too. The receipt from Swap Heaven covers the swap leg.