Ethereum
ETH & ERC-20 Token Payments
Pay contractors directly in Ethereum — delivered to any ERC-20 compatible wallet in 5–15 minutes.
Ethereum Key Facts
Crypto Rail · Bitwage
Ethereum Technical Specifications
How Bitwage Uses Ethereum
Bitwage supports ETH as a direct contractor payment rail. Contractors who prefer Ethereum over stablecoins or Bitcoin — particularly those in DeFi or web3 roles — can configure their Ethereum wallet address and receive ETH directly.
Bitwage uses Ethereum mainnet for ETH delivery. Transactions broadcast to the network and confirm in approximately 5–15 minutes with 32 confirmations. Gas fees are market-variable and paid by Bitwage, with the cost reflected in the conversion rate.
For contractors who want Ethereum network delivery but dollar-pegged value, USDC on Ethereum is the better option — it has the same settlement speed and wallet compatibility but without ETH price exposure.
Ethereum vs SWIFT
SWIFT wires to web3 contractors are expensive and slow — $25–$50 per wire, 1–5 days. Ethereum settlement takes 5–15 minutes at $1–5 in gas, with full on-chain traceability and no correspondent bank involvement.
Full stablecoin vs SWIFT comparisonEthereum FAQ
Common questions about ETH & ERC-20 Token Payments and how Bitwage uses it.
Yes. Contractors configure their Ethereum wallet address in their Bitwage profile. You fund your Balance in USD, Bitwage converts and delivers ETH to their wallet in 5–15 minutes.
Not currently. Bitwage supports Ethereum mainnet for ETH payments. For lower-fee Ethereum ecosystem payments, USDC on Polygon is the recommended alternative — same wallet compatibility, near-instant settlement, sub-cent fees.
ETH is the native Ethereum cryptocurrency — its value fluctuates with market price. USDC is a dollar-pegged stablecoin on the Ethereum network — $1 USDC = $1 USD. For contractors who want Ethereum network delivery without price risk, USDC is the better option.
Pay via Ethereum — Automatically
Bitwage routes payments through Ethereumwhen it's the optimal rail for your recipients. No configuration required.