It seems like most people use BTC as their primary form of payout. From the other thread, March payment, it's usually quick where your money hits your wallet within a few hours unlike a cashiers check that could take 3 weeks. Is there any other downside or upside to in using cashiers check as a form of payout or just a personal preference?
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Cashiers check advantage is stability, you get the exact amount. Bitcoin is quicker but you could lose or gain 1% or more because of BTC price fluctuation. You can't sell BTC immediately, it takes time to clear (confirmations). I usually lose some on BTC payouts because of trading fees.Comment -
good luck cashing that check, I've had multiple bounced before bitcoin daysComment -
bitcoin by farComment -
Depends
Do you want to give to the wife or hide it?
Wife likes to see those checks. Bitcoin you can hide it.Comment -
BTC is by far better option, specially if you never sold back to $
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If it’s a check from Canada many banks place a long hold. I had WF charge me $50 bucks surcharge on a check from Canada once.
My local credit union wouldn’t even let me deposit it.
International checks much more trouble than they’re worth with BTC option out thereComment
