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Paying Hosts: Crypto, and BTC Converted to Wires

Short answer: The hosts that accept this kind of work usually want crypto, not a card or a bank wire. You open an exchange account, which means ID checks, buy the coin, send it to the host, and keep every transaction for your taxes. And some bills cannot take crypto at all — those need the longer chain below.

Part of What it takes to do this yourself — the DIY guide from Freeborn Labs.

Paying in crypto, step by step

In plain words, the crypto half runs like this. Open an exchange account and go through its ID checks. Buy the coin. Send it to the host. Keep every transaction record for your taxes.

The friction is in the details the guide names: sending to the wrong address, the price moving between buying and paying, an exchange freezing an account that looks like this, and missing records at tax time. None of those are exotic. They are the ordinary ways this step goes wrong.

When a host needs a wire instead

Some hosts and some bills cannot take crypto at all — they need a bank wire in dollars. Then the chain is longer: buy BTC, move it to an exchange, sell it for dollars, wait for the sale to settle, then wire the dollars to the host.

Each step adds fees, delays and records to keep, and a wire sent to the wrong place is hard to get back. So paying hosts means both halves: crypto where crypto works, and BTC converted to wires where it does not.

Why this step is weekly, not one-off

Hosts are rented by the hour and bills keep arriving, so paying them is part of the running work, not a setup task you finish once. The records matter just as much as the payments: every transaction is one you need to be able to show at tax time.

The hours, as estimated on the pillar page

First time: about 8 to 15 hours. Then about 30 to 60 minutes a week. These are the pillar page's estimates, not measured data, and they assume you have built software before. If you have not, add time.

Related DIY pages

Back to the pillar: What it takes to do this yourself

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Adults only (18+). What it takes to do this yourself · Apply