Get paid in bitcoin - how to DCA into bitcoin with your paycheck

Americans can now get paid in bitcoin sent directly to their personal bitcoin wallet. Share your Bitcoin Well Direct Deposit details with your employer (or anyone sending you money), set your bitcoin/dollar split and receive sats instead of fiat with every paycheck. 

Whenever you buy bitcoin with Bitcoin Well, we automatically send it to your self-custody wallet. Your bitcoin is safest in a self-custody wallet. 

So, when you set up your Direct Deposit with Bitcoin Well, you Dollar Cost Average bitcoin into your self-custody wallet with every paycheck. 

Refer at least 1 friend to Bitcoin Well to unlock Direct Deposit. Direct Deposit bitcoin purchases bring you a massive leap forward to replacing your bank with Bitcoin Well 🧡

Here’s how you can get paid in bitcoin: 

Step 1: Refer a friend to Bitcoin Well 

To unlock the Direct Deposit feature in your Bitcoin Well account you must first refer one person to Bitcoin Well. Referring a friend is quick and easy! Simply share your referral link from your found in your Referrals page. 

Once someone has created an account with your referral link, you’ll get an email notifying you of your successful referral. You’ll receive a second email informing you that you have unlocked Direct Deposit. Now you’re ready for Step 2!

Step 2: Set your Direct Deposit details

Navigate to your newly unlocked Direct Deposit page in your Bitcoin Well account. Tell us how much bitcoin you want to receive, and how many dollars you want to keep with the slider at the top.

Next you need to tell us where to send your bitcoin by adding your personal bitcoin wallet! As with everything Bitcoin Well does, we send the bitcoin you buy from each deposit directly to your self-custody. Your bitcoin should always remain in your control; with your keys. 

Once these details are saved, you can download your Direct Deposit details in the form of a void cheque to send to your employer (or anyone else that wants to send you money!).

Step 3: Withdraw remaining dollars or buy more bitcoin later

Remaining dollars in your Cash Balance can be withdrawn to your bank or used to purchase more bitcoin. Navigate to Withdraw Dollars then select your bank account, the amount of dollars you’d like to withdraw and confirm your withdrawal. 

You can buy more bitcoin with the dollars already in your account! Go to Buy bitcoin, select from ‘Cash Balance’ to ‘your bitcoin wallet’, enter the amount and confirm. More bitcoin is now on its way to your bitcoin wallet! Buying directly to self-custody has never been easier 😎

Earn sats for referring friends to Bitcoin Well 

Did you know that referring friends doesn’t just unlock your Direct Deposit feature but you also earn sats? When you refer a friend to Bitcoin Well you earn 10% of our cut from all of the transactions. Every time you earn sats through your referrals, your rewards will be instantly distributed to you straight to your Lightning wallet.  Add your Lightning wallet in your Referrals page, within the Bitcoin Well Rewards menu. 

Within your Referrals page you can add your Lightning wallet for referral payouts, access your referral link and a QR code with your ref link in it – everything you need to orange pill your friends and earn sats! Plus every time you refer a friend you get Bitcoin Well points, which you can use to try and win 1,000,000 sats through our Bitcoin (Wishing) Well! Share your ref link with friends and family -> earn sats.