Get Bitcoin directly instead of getting paid and then buying bitcoin at an exchange.
Accept your payment anywhere in the world, no need for a local bank account.
Avoid high international transfer cost if your bank is in a different country than your customer.
Obviously, a real and (yet unpaid) invoice for services rendered to one of your customers.
You contact your customer—Kable does not approach your customer. It's your customer after all.
After we receive the payment, we issue a bit4coin voucher and send it to you via SMS. You can then head to bit4coin.net/redeem to redeem it immediately for bitcoin.
Who is behind Kable?
Kable is a brand of bit4coin BV. We're a company from Amsterdam, offering to buy and sell Bitcoin since 2013. At bit4coin, we have more than 40,000 customers and are processing multiple million euros transaction volume each month.
What does Kable do?
With Kable, we provide an easy-to-use platform where freelancers, agencies, and consultants can get their invoices paid in bitcoin. While still in beta (just a little more than an MVP at the moment), Kable is fully functional using infrastructure, resources, and the legal/regulatory framework from bit4coin.
How does Kable work?
After you sign up, you fill out basic information and upload an invoice you created for one of your clients. We will then provide you with payment details to Kable's bank account, which you can pass to your client. Once your client has paid to Kable's account, we show you how to receive the amount in Bitcoin. We never contact your customer directly.
How do I receive Bitcoin? Do you offer a wallet?
To receive BTC, we use the existing infrastructure of bit4coin. Once the payment arrives from your client, we will send you a bit4coin Bitcoin voucher via SMS. You can then redeem the voucher for BTC whenever you want. You can provide your own wallet address, and the exchange rate will be fixed at time of redemption.
What if I do not yet have a Bitcoin wallet?
No problem at all! bit4coin will show you some options on how to open a free wallet with different wallet providers.
How much does Kable cost?
For the start, we will offer a significant launch discount and only charge 0.99% on top of bit4coin exchange rate () for the first 1,000 users! Afterwards, we will return to our regular Kable price of 2.9%. By the way, if you are one of the first 1,000 users, you will lock in your discount forever!
Not sure I fully understand, can you give me an example how to use Kable?
Let's say you're a freelancer, and just finished a project for a European client for € 2,000. First, you sign up and upload the invoice to Kable. You will then receive the payment details, which you will share with your client. As soon as we receive the payment to our bank account, we will send you a bit4coin voucher worth € 2,000 via SMS. You can then head over to bit4coin.net/redeem, provide your wallet address and your voucher code, and claim Bitcoin at the current market price (minus the Kable fee of 0.99 for initial users). So, at a Bitcoin price of € 10,000, you would get € 2,000 / (10,000 * 1.099 fee) = 0.18198362 BTC when you redeem. We cover all bitcoin transaction costs (i.e., mining fees).
Ok, I'm hooked! Are you live already?
Yes! We're live with the first beta users since February 2018. Just enter your email here, and you will be the first to know when we allow more signups. Hurry up to make sure you lock in your permanent discount!
Do you offer other cryptocurrencies besides Bitcoin?
Not for the initial launch... But probably soon! :)
Which geographies do you serve? Are any countries restricted?
First of all, we cannot offer Kable services to both users (= freelancers, agencies, consultants) from the U.S. or their clients based in the U.S. for regulatory reasons. Apart from that, it helps if your client is based in Europe—international payments are a bit of a hassle. But you as the freelancer can be based anywhere, unless, unfortunately, you are based in the U.S. or a U.S. citizen.
Does using Kable mean I do not have to pay taxes?
No. All usual taxes still apply, whether you're paid in Bitcoin, sea shells, or live sheep. Please check with your local tax consultant on your specific situation. Do not evade taxes, it is illegal and bad for your karma. Forget the latter, it's just plain illegal. Seriously, don't.
What about anti-money laundering and Know Your Customer (KYC)? Do I need to verify my identity? What about my client?
Yes, we need to verify your identity. Together with the invoice, and the payment coming from a bank account in your client's name, our lawyers say we're all good! If our compliance and risk team finds anything that doesn't check out, we may need to refund the payment unfortunately.
I have more questions. How can I reach you?
Sure thing, just send us an email to [email protected], happy to help!
By the way, really like the bit4coin Bitcoin vouchers. Do you also offer them wholesale / for businesses?
Of course :) Just send us an email to [email protected].
Why is your service called "Kable"?
Kable aims to connect individuals with improved payment solutions—just like a cable does. In addition, in forex trading, different currency pairs have different nicknames. The one for the USD-GDP currency pair has traditionally been "cable". "The term originated in the mid-19th century, when the exchange rate between the U.S. dollar and British pound began to be transmitted across the Atlantic by a submarine communications cable" (see the wiki to Cable_FX). And for the letter "k", it represents different cables connecting things... Well no, to be honest, we just thought it looks better. :)