The country’s trading boards give rise to a new quote that grew 800% in volume last year and is the one used by the “freelancer nation”
The exchange split it goes beyond dollars “parallelsAl blue, el counted with clearance in its intervened and “free” variants, and the Bag O MEP (Electronic Payment Market) that operates against bonds, you have to add all the new variants that offers the crypt world:
However, there are another quote closely followed by those who work independently abroad: the so-called “freelo dollar“.
It is estimated that close to more than 1 million Argentines have an account in the main freelance employment platforms, like Workana, Freelancer and Guru, among others.
And to this we must add who create contents on platforms like YouTube and Twitch, which pay in foreign currency to those who get more reproductions. Or the influencers, that close campaigns in Instagram O TikTok with companies without official representation in Albiceleste soil.
In most cases, there are two means of payment international to use: although PayPal It is a classic among Argentine freelancers, Payoneer It has been growing among local 4.0 self-employed workers.
Thus, the “freelo dollar“is calculated from the price they get at change funds of these services (nominated in US ticket) on the platforms Person to person (P2P) What Airtm, Paxful O Saldo.com.ar. Today it is around 178 pesos.
“In the last year, they grew 120% the amount of Argentines they only have one account of these means of payment, plus one bank savings bank configured on our platform “, he points out to iProUP Gastón Levar, Argentine representative of Airtm.
There are more than a million Argentine accounts on freelance employment platforms
Renata Rodrígues, Marketing Manager of Paxful for Latin America, coincide with your colleague regarding the growth of these collection systems and share some figures with iProUP:
- PayPal: “It grew almost 170% year-on-year in operations totals and more 200% on volume in dollars in Latin America. On Argentina, 150% in transactions and 220% in amounts“.
- Payoneer: “Almost advanced 450% year-on-year in operations and more than one 300% by volumen in the region. At country, increased almost 800% by volume“
In the same vein as his colleagues, Pablo Reyes assures iProUP that the “exchanges with Payoneer multiplied by four in just six months. “
To convert funds to pesos at the “dollar freelo” value, freelancers use P2P platforms that function as a kind of Free Market of digital balances, linking sellers with buyers. It operates as follows:
- Create one has your personal data. To operate large amounts, the system will ask photos of the DNI and a selfie
- A order with the amount, balance type to sell (Payooner / Paypal) and currency in which it will be received
- Other person will accept the transaction: there will be send you digital balances to receive AirUSD (Airtm) o USDT O Bitcoin (Paxful)
- When both parties accept the operation, the funds are released. A escrow O “guarantee deposit“to ensure both users
- Finally, you have to repeat the process: sell the coins and indicate a bank account or fintech in which pesos will be received
In the case of Saldos.com.ar, from the same screen you can change directly from Payooner or PayPal to any other currency, digital or fiduciary.
Question of weights
Increasingly Argentine professionals who work abroad prefer –As long as they have the option– choose Payoneer above PayPalas they feel “further “off the radar of the authorities being a “less known” method outside the freelance environment.
“It has been growing a lot because it has lower commissions and it’s better for connect with banks and fintech“, so it is easier to get jobs from firms from the Old Continent, according to Levar.
The executive also trusts this medium that many Argentines they started by acquiring AirUSD and cryptocurrencies like saving way in Airtm, but “then I know transformaron and freelancers because they were out of work or to earn additional income, since they had the tool to think about sell your services to the world“.
In fact, it mentions that there is not only computer science –The most sought-after profile currently globally– performing tasks for foreign firms, but there are also translators, editors of content, designers and even the new “trades 4.0”: youtubers, streamers e influencers.
Reyes adds that there are also experts in “other engineering firms besides software, psychology, accounting, home, sports, lessons And till astrology O tarot. To all this is added the export of products from local manufacturing“.
According to Rodríguez, “P2P platforms allow independent workers receive your payments from abroad in crypto to the equivalent of the dollar blue, which is more convenient than doing it in a traditional bank account to the official, since 76% is not lost Of value”.
Payoneer advances as a means of payment among freelancers: the volume operated in P2P grew 800%
To cite one example, a systems worker Qualified earns on average $120.000 according to the Argentine Software Chamber (CESSI). That is, close to u $ s600 the blue quote, when in a freelance way abroad you can get some u$s2,800 the media.
Experts note that Average ticket can be located between $ 100 and $ 300 per trade. In addition, Argentine self-employed professionals avoid change your funds between end of current month and beginning of next, since the price of PayPal and Payoneer balances go down, given the strong offer of freelancers looking to get cash after receiving payments.
“Unlike other countries, transactions of Argentines are from low amounts but more frequent. As you are used to thinking about the dollar, move more money than the rest of the latin americans“, takes Levar.
But not everything that Argentines charge is converted into pesos or remains in PayPal or Payooner: too take advantage of savings and investment opportunities that offer the P2P tools.
“By moving it on Airtm, the AirUSD is much more connectable with Binance, cryptocurrencies, giftcards from Amazon or our card debt for pay for services or courses outside. Freelancers constantly train online and they pay it in dollars “, Levar remarks.
These platforms are also at the hunting both new independent professionals such as Business in the world who want to hire remote talent and take advantage of digital means of payment.
Rodrígues assures that companies can “acquire cryptocurrencies on Paxful without commissions and send them free to the freelancer through Paxful, with stop of u$s1.000 in total transfers per month among all your digital currencies. When exceed that limit, a fee of u $ s1 or 1% of the amount to send, whichever is greater. “
This is a hefty bet, as it is a quarter of what PayPal charges for every such move. But these services, in addition, is for freelancers to adopt as their favorite conversion method to fiat money.
“At Saldo.com.ar we launched two very attractive tools: one is the referral program, which rewards with up to $ 35 for each colleague they invite to the platform. Second, the possibility of tomar offers and get up to 5% more in the exchange price, “says Reyes.
For his part, Levar points out that in November Airtm launched “the ‘Freelancers Don’t Have Holidays’ program, in which freelancers weekends we will lower the commission to move to and from PayPal. We found it a wink to get closer to the professional and accompany those undertake freelance“.
Thus, Argentina is becoming a “freelance nation” due to the quantity and quality of its talent, sought after by the main companies around the world, which offer them payments in hard currency that they can change to “freelo dollar “.