DashLancer - A use case for Dash in Cross Border Freelancing.

If you hire someone on Fiverr for a $100, this is how it breaks down.

Employer pays

$105 ( $100 +$5 Service Charge. )

Freelancer Receives (Assume his base currency is Indian Rupees )

($74 [ $100 - Commission ($20) - Paypal Charges ($0.30+$2.40) - Currency Conversion Charges ($2.30) - Withdrawal Charges ($1)]

So as an employer if you spend $105, the freelancer receives only $74, or $31 in costs.

With Dash, the transaction cost to send the money is $0.02, plus a one way exchange fee ($0-0.1%)

If you add up the costs just for sending the money with paypal it is close to $6.

It is a no-brainer really to use Crypto for payments and remittances.

Here is a link for this: https://sellers.fiverr.com/en/article/withdrawing-funds
 
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Gaurav_Gupta said:
If you hire someone on Fiverr for a $100, this is how it breaks down.

Employer pays

$105 ( $100 +$5 Service Charge. )

Freelancer Receives (Assume his base currency is Indian Rupees )

($74 [ $100 - Commission ($20) - Paypal Charges ($0.30+$2.40) - Currency Conversion Charges ($2.30) - Withdrawal Charges ($1)]

So as an employer if you spend $105, the freelancer receives only $74, or $31 in costs.

With Dash, the transaction cost to send the money is $0.02, plus a one way exchange fee ($0-0.1%)

If you add up the costs just for sending the money with paypal it is close to $6.

It is a no-brainer really to use Crypto for payments and remittances.

Here is a link for this: https://sellers.fiverr.com/en/article/withdrawing-funds
Click to expand...

This makes 'a bit' of sense, however, I'm not sure where the exchange fee of 0.1% is being obtained? For one to convert Dash to fiat in India? If so, then wow! I'm sold.

I'm still eager to read about the "cross-border remittance" that you've made mention of a few times
 
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