NYDIG to Partner with New York Yankees for Bitcoin Benefits

Employees Interested In Getting Paid in Bitcoin

The New York Yankees and the bitcoin investment business NYDIG announced a multi-year collaboration on July 14 to become the team's official Bitcoin Payroll Platform. As part of NYDIG's workplace benefits package, the agreement will enable Yankees employees to convert a percentage of their salary into Bitcoin. This perk is known as the Bitcoin Savings Plan (BSP). Employees of the Yankees are exempt from paying transaction or storage costs due to BSP.

Employees Interested In Getting Paid in Bitcoin

36% of workers under 30 are interested in getting some of their pay in Bitcoin, according to NYDIG research. As stated by a study, 1 in 3 of these workers would choose to work for a company that enabled them to get payment in Bitcoin over another that offered comparable jobs. Kelly Brewster, chief marketing officer at NYDIG, said in the statement,

"For employees of the Yankees and beyond, the opportunity to allocate a small slice of their paycheck to a Bitcoin Savings Plan can be one of the most efficient ways to save bitcoin, and the dollar-cost averaging can smooth out the bumps along the way."

A more inclusive economic system is powered by the bitcoin startup NYDIG. Its full-stack bitcoin platform provides technological and financial services to organizations across a wide range of industries and is constructed to the highest operational, regulatory, and security requirements. NYDIG is the entry point to a brand-new era of financial goods that open up bitcoin to everyone.

Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.

NYDIG Bitcoin Yankees The New York Yankees NYDIG BTC Bitcoin Benefits

NYDIG to Partner with New York Yankees for Bitcoin Benefits

Usha Yadav

Usha is a diehard crypto enthusiast and has been actively writing on different facets of the blockchain and crypto world. She has authored many research articles on cryptocurrency and aims to provide informational and quality content to readers. She firmly believes that crypto has a great potential to redefine the world of finance and blockchain.