Bitcoin Benefits for Your Workforce

Zero. Selene handles all regulatory compliance including money transmitter licensing (MTL) in all 50 states and IRS 1099 reporting. Your only role is to set up the payroll deduction - we handle everything else through our partnership with Coinbase.

Instead of trying to time the market with a lump sum, dollar-cost averaging (DCA) spreads purchases over time. By buying a fixed dollar amount each paycheck, employees automatically buy more Bitcoin when prices are low and less when prices are high - smoothing out volatility and reducing the emotional stress of market swings.

Employees own their Bitcoin outright. It's held in their personal Coinbase account, which they control completely. They can withdraw, transfer, or sell at any time - there are no vesting periods or employer restrictions. The employer never touches or holds the cryptocurrency.

Selene integrates with all major HRIS and payroll providers. Contact us for details about your specific payroll system.

Employer matching is optional. If offered, it works like a 401(k) match - the employer contributes additional Bitcoin based on the employee's contribution. For example, a 20% match on a $100 employee contribution would add $20 worth of Bitcoin. This is a powerful recruitment and retention tool that costs far less than traditional benefits.

Employees receive their Bitcoin contributions from post-tax dollars (similar to a Roth contribution). Selene provides all necessary tax documentation including 1099 forms. When employees sell their Bitcoin, they'll pay capital gains tax on any appreciation. We recommend consulting a tax professional for your specific situation.

Selene is built on Coinbase infrastructure - the same platform trusted by institutions managing billions in digital assets. The Bitcoin protocol itself has never been hacked in its 15+ year history. Coinbase provides insurance coverage and enterprise-grade security including cold storage, multi-signature wallets, and 24/7 monitoring.