For the first time a Latin American athlete receives his salary in Bitcoin
Bitwage makes history once again, this time together with the Brazilian athlete Matheus Nicolau, number 8 in the flyweight ranking of the UFC, the most important mixed martial arts league in the world, by being the first Latin American athlete to receive your salary in Bitcoin.
Nicolau bets on Bitcoin and other stablecoins as a way to preserve the value of his income and chooses Bitwage as a payment platform thanks to the freedom and ease it gives him , as well as other workers, freelancers and service exporters, of power. collect their earnings from abroad.
The mechanism involves a simple registration , which grants the user, without the need for any paperwork, a traditional bank account in the United States or Europe.
You can then simply choose which cryptocurrency to receive your earnings directly into your wallet.
In this way, Nicolau was able to get his payment in Bitcoin without his employer having to open a crypto account.
In addition, his public relations manager, Vinícius Las Casas, will also be receiving his payments in Bitcoin , thus becoming the first wrestler-manager duo to receive his payments in BTC.
“Making money the way I do is not easy. I bleed for him. It is an intense sport where everything is put at stake. While on the one hand I am constantly struggling, on the other hand I feel like my money is losing value. The solution is Bitcoin”, said Matheus Nicolau
“Stablecoins also help me receive payments from the UFC in dollars when I look for part of my salary to be in a less volatile asset,” he added.
“That is why I partnered with Bitwage to have this solution that guarantees that my work will pay me dividends in the future and that my money will not be at the mercy of local inflation, ” said the fighter.
HOW DOES BITWAGE WORK?
Using disruptive technologies , Bitwage’s operation simplifies and speeds up payments, giving users the freedom to receive their income in cryptocurrencies or fiat money (depending on the country).
By logging in, the user will be able to generate an invoice on the platform to be sent to the employer or client who will be able to transfer the funds to the assigned bank account located in the United States, Europe or the United Kingdom.
Then, in a flexible non-custodial way, Bitwage will “route” said payment directly to where the user wants to receive it, either a percentage to the wallet of their choice (in BTC, ETH, USDC, DAI or USD) and the rest to the local account you want, or all in cryptocurrencies.
“When Matheus asked me to join him on this Bitcoin journey, I knew we needed to have a plan. Matheus’ proof-of-work is in his blood and sweat, so we couldn’t afford mistakes. We needed maximum security. Bitwage helped us at all times and provided us with a true personal concierge service which made us feel very welcome and grateful to be part of it” – said Public Relations Representative – Vinicius Las Casas.
“Working with Matheus has been a rewarding experience for us ,” said Jonathan Chester, CEO of Bitwage.
“He is an incredible fighter with a champion mentality. Part of our Concierge service is to educate, help set up backups, and have you try the service on your own. We care about spreading knowledge and educating our clients to become truly sovereign individuals. This treatment is not exclusive to athletes and VIP clients: it is available to anyone. Matheus represents our trend of exponential growth in Latin America, with people choosing to be paid in Bitcoin and stablecoins to preserve their hard-earned money.” -Jonathan Chester, CEO of Bitwage.
Thus, the #8 ranked flyweight with a record of 17-2-1 will fight this weekend on Saturday, March 26 against David Dvorak in Columbus, Ohio and his paycheck will arrive as Bitcoin to an address that he controls.
Matheus and Vinícius symbolize the continuation of a trend for athletes to get paid in Bitcoin : professional footballers Achara Ifunanyachi and Alex Crognale did the same in 2021 by using Bitwage as their premium salary payment provider.
Bitwage is the pioneer start-up of the global fee payment service through cryptocurrencies that offers the most complete, fastest and cheapest service on the market.
Headquartered in San Francisco, it operates in the US, European, Latin American and Asian markets.
Bitwage offers services to employees, exporters and freelancers, who have the freedom to choose the currency in which they wish to receive a percentage of their income, whether in Bitcoin, other cryptocurrencies or stablecoins, through unique bank accounts offered in the US, Europe and the United Kingdom.
Bitwage has already received more than USD1MM from the Tim Draper Association, Candela Reach Capital, Plug & Play, BPI France, and collected USD1.5MM in the record time of 55 hours on the BnkToTheFuture virtual platform.