Bitcoin Made Simple,

Your Questions Answered.

New to Get Paid in Bitcoin?

You’re in the right place. This section walks you through any questions, through the account setup so you can start receiving Bitcoin every payday with ease.

Whether you’re just exploring or ready to dive in, you’ll find our most commonly asked questions to help get you set up quickly and confidently.

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  • Get Paid In Bitcoin is a platform that lets you automatically convert a portion of your wages or recurring bank payments into Bitcoin. It’s designed to make saving in Bitcoin easy and seamless.

  • You simply create an account with us, complete your profile setup and verify your identity. We then give you options on how to send your new pay instructions to your employer to activate your Bitcoin pay. Once set up, the process is automatic each pad day.

  • No, most employers will allow more than one option of payment account within their platforms. We help you get clear and concise information to the payroll team.

  • Yes, you can start small to get things moving, many of our customers started with $10 per week.

  • Absolutely, you can adjust the dollar amount (AUD) of your wages that your payroll office process.
    The new pay instructions will need to be sent again to your payroll office.

  • No, we understand that this is new for some of you, and although we recommend your own digital wallet, we can set you up with a custodial option for initial use that you can sweep through to your new wallet once you are a little more comfortable choosing one.

  • Yes, our portal allows you to nominate multiple wallets.
    For example, you might save 80% of your nominated wage for cold storage and stacking sats, with 20% allowance to mobile wallet for spending.

  • Too easy, you can set up recurring transfers from your personal bank account. Get Paid in Bitcoin works for both payroll and individuals.

  • Account and profile setup takes about 5 minutes. Once verified, and information to your payroll office, you can begin to receive Bitcoin with your very next wage.

General Bitcoin & Usage Questions

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Curious about Bitcoin itself? You’re not alone.


Here you’ll find straightforward to common questions; from “What is Bitcoin?” to how it can be used, stored, and spent.


Whether you’re brand new or just brushing up, we’ve got you covered.

  • Bitcoin is a decentralised digital currency that operates without banks or governments. It can be used as money, savings, or an investment.

  • Bitcoin is becoming an essential part of your financial life for its protection against inflation.

    We believe every person, family, business and organisation should have a core holding in their Bitcoin treasury - and GPIB is a fantastic way to start accumulating Bitcoin.

    Its a simple way to dollar cost average into Bitcoin ensuring that you don’t forget to - Easy to setup!

  • Bitcoin is secure when you use a trusted wallet and keep your keys safe. The main risk is price volatility.

  • Bitcoin is volatile. Many users treat it as a long-term savings strategy, knowing that short-term price swings are normal. Over a 4 year time horizon, we believe that all of our customers will be in a great position.

  • Yes, some Business’ accept Bitcoin directly, and you can also use debit cards linked to your Bitcoin.

  • Yes, the ATO (Australian Tax Office) treats Bitcoin as property, so capital gains tax may apply when you sell or spend it.

  • We provide a simple updated payroll instruction pack for payroll departments that is similar to normal payroll changes for ease of payroll officers.

  • It would be extremely rare for this to happen, but if your employer cannot complete the new payroll instructions for any reason, you can still use your personal bank account to set up the regular transfers.

  • Yes, you can stop using the service at any point, there are no lock-in terms. Note that you will have to update details to your payroll office, or adjust your personal banking automated transactions.

  • Simply update your employer payment details in your account profile, send a new payroll instructions to your new employer and your new wages transferred to Bitcoin will flow in again.

  • Based on your goals and usage, you may have multiple wallets - we recommend providers that include “seed phrases” and using trusted providers. We suggest a mix of hardware wallets for savings, and mobile wallets for small, everyday spending.

  • Currently we support Australian users, but expansion is possible and we are exploring opportunities.

  • The amount of Bitcoin will depend on how much you have chosen to exchange from AUD to Bitcoin, this is then subject to the exchange rate at the time of purchase.

  • Absolutely, we are here to help make this journey easy, you can contact us during standard business hours (Monday - Friday, 9am - 5pm AEST) via email, or chat.

  • Bitcoin transactions to the wrong address cannot be reversed. Always double check your details and treat your wallet address as truly unique to you, ensuring you are careful with it will keep it safe and secure.

  • Dollar-cost averaging, known as DCA means regularly investing a set amount regardless of price, reducing the impact of volatility over time.
    It takes the emotion out of buying Bitcoin and allows you more Bitcoin on the days where the exchange rate drops, even though the overall trend may be upward.

  • Not as yet, although our website is mobile friendly and you can save the site to your mobile device. We are exploring the opportunity of a dedicated app in future.

Payments, Fees & the Process

We like to keep things simple and transparent. Here you’ll find clear answers about how payments work, what fees apply, and exactly what happens from the moment your wages are converted until they land in your Bitcoin wallet.

  • We charge just $1 per transaction

  • Each pay cycle as your wage clears, typically the same or next day from your usual wages.

  • We use competitive market rates at the time of conversion, ensuring you get fair value.

  • Your Bitcoin is purchased at the time we process the payment, so you benefit from dollar cost averaging over time.

  • Yes, you can pause or stop payments at any time. Just like your initial setup, your payroll office will need to be notified with a change of details and new instructions on your wages payment.

  • We are proud to be a bitcoin only Business. We believe that bitcoin is the safest type of money to buy in the long run and provides the most secure, functionality and useability over time.

  • Yes, we email you upon every successful Bitcoin pay, we even send you updates and fun comments every time!
    In addition, our portal allows you to download your transactions in a CSV format and sort by financial year.

  • GPIB process every day through the week and on a Saturday. Although some pay may take extra time to process during holiday periods.

  • No, we are focused on Bitcoin delivery only. You will need to sell Bitcoin separately from your own wallet if you want to cash out your Bitcoin.

Security, Compliance & Taxes

Your trust is everything. That’s why we’re registered, regulated, and serious about security. In this section, we explain how we protect your information, meet compliance requirements, and what you should know about taxes when getting paid in Bitcoin.

  • Yes, we are registered as a Digital Currency Exchange under AUSTRAC, and comply with Australian financial regulations.

  • Yes, we require KYC (Know Your Customer) Information which is managed through a DVS (Document Verification Service) provider, to comply with regulations, AML (Anti Money Laundering), CTF (Counter Terrorism Funding) rules about exchanging Australian dollar (AUD) into Bitcoin.
    All of this info helps to keep your account secure.

  • We don’t keep custody of your Bitcoin long-term. We deliver to your nominated wallet(s).

  • Yes, absolutely and we recommend this option for the safest and most secure long-term option for your Bitcoin pay-outs.

  • We cannot recover lost wallets. We strongly recommend backing up your private keys securely. In the event that you have lost your wallet, you can add a new wallet to your account to continue receiving your Bitcoin Pay.

  • Yes, as a regulated exchange, we are required to share data with the ATO (Australian Tax Office) should it be requested to us. We recommend you declare taxable events related to your Bitcoin holdings on your tax return.

  • Yes, our portal allows you to view transactions, and you can download these into a CSV format, which can be filtered for financial years, for use with accounting or tax software.

  • Yes, Bitcoin is legal to own, buy and sell in Australia.

  • Yes, we use secure encryption and comply with data protection standards. You can view further in depth information on our Privacy Policies.