HOW CAN WE BANK OUR MONEY WE MAKE ONLINE?

We do various types of jobs online from the internet and earn a lot of money. However, in our country, many people find it difficult to accept and use banking. That’s not impossible but it’s possible to lose that payment information and so on. There are many ways to pay us on the Internet and you will find these eventually. But how we bank the money we earn is determined by the work we do from the various websites. This means that the website determines which way it has given its customers the choice to pay this money. Let’s take the following payment channels that are crucial in the country

it’s a high paying way that also has longevity and everyone in the world is taking care of it. However, it is only recently that it has been providing little by little benefit in our country. However, it is not as intended and even if it is difficult to register, it can be facilitated by the necessary methods that have its efficiency. For example, you cannot open paypal while living in this country and you are not legally a partner, but you can open it as a person in developed countries. This means, for example, that I have one chance to open it as someone in an Arab country, the United States. Then, once we have registered in this way, we can take our online activities paid through Paypal. This can be obtained directly through a bank for the time being such as Awash. Other banks are also possible but this is good news as Paypal will soon be offering services across our country. So this was the only way we could accept an online job via paypal.

The functions we now do from various websites and the wide range of options they have for payment to their customers are Bitcoin, Litecoin, Ethereum are among the so-called type of cryptocurrencies. A few years ago this was not the case. Many websites with some business and revenue like Fiver, Digistore24, ClickBank, WorriorPlus etc. all paid their customers via Paypal, paypal was not working equally in every country but cryptocurrency is the whole world so these websites want to gain more customers so he decided to use additional payment method so cryptocurrency is additional payment and this way it is much easier to accept the money we made but it can have its own process in getting it directly to our hands ‘e has a. This is one of the biggest differences from Paypal.

To give you an explanation here, for example, if we do a job from a website in our own home one evening and the website pays us in Bitcoin, it will enter our wallet address in less than two minutes. From there to convert it into real money but the process is 1. find someone who wants Bitcoin and sell it to them 2. the method is if we have someone abroad to convert it into dollars and send it to us via bank 3. Coinbase is a type of crypto wallet If we want to use it, we can buy goods online from crypto shops that accept crypto and otherwise we can go to neighboring countries like Kenya(Nairobi) and exchange them for banks. Hopefully it will be linked to the bank soon and crypto traders in Ethiopia are asking the government about this issue so maybe the government might work on this issue.

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