April 26, 2024

NBA team will pay salaries to players in bitcoin

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Sacramento Kings are preparing to be the firsta professional sports club that will offer Bitcoin salaries to all of its players and employees. This was announced on Monday by the chairman of the club Vivek Ranadive on the air of the Clubhouse. The official announcement is expected to be made this week.

“Over the next few days, I will announce that I will propose to everyone in the Sacramento Kings organization. They will be able to receive a salary in bitcoin at will, including players "Ranadive said.

The discussion took place in a room called "Satoshi's Round Table". Ranadive was invited to join the discussion by venture capitalist and bitcoin investor Tim Draper.

Sacramento Kings are one of the best teamsNational Basketball Association, well known for its commitment to cryptocurrency. In a recent blog post, the NBA team recalled that they began accepting bitcoin as a means of payment back in 2014 and launched a token in 2019 to reward fans.

Ranadive has said in the past that he is consideringthe club's fanbase as a social network to which it can disseminate technological advances. He also noted that Bitcoin will allow fans of the club to leave their wallets at home, and he himself will not be in an uncomfortable position when his own children ask him why Sacramento Kings did not accept Bitcoin.

How exactly crypto payments will be carried out in favor of the club's employees is unclear. Since 2014, Sacramento Kings has been cooperating with the BitPay processing service.

In 2021, the payment of remuneration to athletes inbitcoin has become especially popular. Carolina Panthers forward Russell Okung said he received half of his $ 13 million salary in BTC in December 2020.

Later, the club's administration announced that the fundsOkung was not paid in bitcoins, and he himself converted the money received into cryptocurrency. However, we can indeed see athletes pushing to join the crypto market.

Where is it more profitable to buy bitcoin? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Bybit https://bybit.com 7.5
3 OKEx https://okex.com 7.1
4 Exmo https://exmo.me 6.9
5 Huobi https://huobi.com 6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability&#8212; stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • Platform Features– availability of additional features &#8212; futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

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