On Wednesday, the cryptocurrency funds service firm Bitwage introduced that the Final Preventing Championship (UFC) strawweight Luana Pinheiro would be the first feminine UFC fighter to be paid in bitcoin. Pinheiro’s boyfriend, a UFC flyweight fighter, began getting paid in bitcoin final March and after her eight-fight successful streak, Pinheiro determined to observe her accomplice’s choice to receives a commission in crypto.
UFC Strawweight Luana Pinheiro to Get Paid in Bitcoin through Bitwage
Final Preventing Championship (UFC) fighters have been entering into crypto property today, after the UFC heavyweight champion Francis Ngannou introduced he would get half of his UFC 270 purse paid in bitcoin. UFC additionally partnered with the digital foreign money trade Crypto.com and thru a take care of the corporate, UFC Battle Evening bonuses are paid in bitcoin. On July 27, the crypto funds service firm Bitwage introduced that UFC fighter, strawweight Luana Pinheiro (18-2 file), would be the first feminine UFC fighter to be paid in bitcoin (BTC).
Bitwage particulars that as a result of Pinheiro is leveraging the corporate’s platform, she doesn’t have to barter with the combined martial arts (MMA) firm UFC to get crypto funds. Pinheiro obtained the concept from her boyfriend, who can be a UFC fighter in the flyweight division, Matheus Nicolau (18-2 file). Nicolau began getting paid in BTC in March and Bitwage says that it makes them “a real UFC energy couple on the bitcoin commonplace.”
UFC strawweight Luana Pinheiro (18-2 file).
“MMA is a brutal sport and there’s no time for overthinking. Psychological power and callousing one’s thoughts is every part,” Pinheiro defined in a press release despatched to Bitcoin.com Information. “I don’t assume I’ll have an issue with bitcoin taking place or up [in fiat value]. If it was not unstable it will not go up both. Take into consideration this: it takes on common 10-15 years for a person to get a black belt in Brazilian Jiu Jitsu, so my time desire right here is equally lengthy if not longer. Black belt time desire I name it. Every thing else is simply noise to me and the decrease the worth, the extra bitcoin I will safe for the longer term.”
Bitwage Co-Founder Jonathan Chester: ‘Correct Data on the Proper Time Is Every thing’
In accordance with the co-founder and CEO of Bitwage, Jonathan Chester, the corporate’s staff flew out to Rio de Janeiro, Brazil to assist Pinheiro get began in individual. Chester remarked that the service isn’t just for athletes and high-net-worth folks as anybody worldwide can choose to make use of Bitwage’s crypto fee companies. “Correct info on the proper time is every part. Having data and never appearing on it isn’t why we purchase data in the primary place. We get it so we will act.” Chester defined on Wednesday throughout the announcement. Chester added:
It’s our aim to assist each particular person on their journey. By way of training, each particular person can select how they need to receives a commission, whether or not or not it’s to their self-controlled pockets or to their checking account. So on the finish of the day, they don’t want anyone and are really unbiased.
Since 2014, Bitwage has been providing crypto and stablecoin payroll companies, and in 2020 it launched a retirement service with the trade Gemini. Up to now, the startup has processed greater than $150 million in transactions and has 50,000 customers and partnerships with 2,000 corporations worldwide. Along with the UFC fighters Pinheiro and her boyfriend Nicolau, the skilled athletes Alex Barrett, Achara Ifunanyachi, and Alex Crognale have additionally chosen to be paid in crypto utilizing the Bitwage service.
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