Bongacam models get paid in USDT / Tether Crypto

Bongacam models come from all over the world and one of the problems with international business is that payments from country to country are not always as easy as you might think.

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There is no equivalent of ACH (for the US) or SEPA (for Europe) that works truly globally, from any country to any other without limitations.

This makes it difficult for many models who work as cam girls at Bongacams, if they don’t come from one of the major countries how will they get paid?

One of the promises of Cryptocurrency is that it works well globally, but things like Bitcoin are highly volatile and you can lose 20% or more of your funds in the time between a transfer starting and you cash out. Although it works both ways, and you could make a profit, a risk-averse cam girl won’t accept that.

The alternative that Bongacams has just introduced is the stable coin called USDT or “Tether” which, as the name suggests, is tied to the US dollar. One “Tether” is always equal to one US dollar, and although that isn’t perfect for someone who lives in a non-US country it still may be better.

Starting now Bongacams models can get their payments weekly, or they can request a payout at any time if they have a good history with the company, and they can do it in USDT ERC20.

For US models they can choose Check, a good old-fashioned paper check in the mail, or Direct Deposits. Both of these have no commission.

Bongacam Models now have 4 different ways they can get paid.

• Paxum (no commission);
• ePayService (no commission);
• WebMoney (3% commission);
• cryptocurrency: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, Tether USDT (ERC20)* (1.5% commission).

• If you choose Tether USDT as payment method, make sure to correctly specify the wallet – ERC20 (not TRC20!) to avoid any loss of funds.

How you convert the USDT into your local currency so you can pay your rent is something left up to the individual models to work out.

@misc{Tsoi_2022,
  title={Bongacam models get paid in USDT / Tether Crypto},
  url={https://www.adult-webcam-faq.com/2022/01/19/bongacam-models-get-paid-in-usdt-tether-crypto/},
  publisher={Adult Webcam FAQ},
  author={Hony Tsoi},
  year={2022},
  month={Jan.}
}