At Binance, 90% of employees are paid in Binance Coin

18 Aug, 2018
by David Borman
News
At Binance, 90% of employees are paid in Binance Coin

It has been reported today by CCN that the world's largest crypto exchange, Binance, actually pays 90% of its employees in its own native crypto, Binance coin (BNB).

The story broke when CEO of Binance, Changpeng Zhao told TechCrunch founder Michael Arrington about the fact that most employees are voluntarily being paid in BNB. Arrington then took to twitter to spread the news.

This makes Binance somewhat of a pioneer in the realm of companies who offer crypto for compensation to employees. Another major company who makes such an offer is Japan's GMO Group. Also, famously Overstock.com has for years now been offering employees the option of being paid in bitcoin.

Hopefully other companies will get on board with this trend. If crypto hopes to go mainstream, people will need to see it as a valid form of compensation for work done. At least in jobs centered around crypto, it would be nice to see greater adoption of this philosophy.

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