Bitcoin payroll is a set monthly deduction from employees’ net salary to purchase Bitcoin
*There are risks involved in crypto. Here’s how we protect our customers: modeapp.com/protection
Bitcoin is the biggest and most adopted digital asset. It's increasingly being used as a store of value, and has grown impressively over its 13 year history so far.
Provide your employees with an automated way to buy Bitcoin.
Based on a £100 monthly purchase of Bitcoin*
Bitcoin Payroll start date
From 1st Jan 2021
From 1st Jan 2020
From 1st Jan 2019
Number of months
12
24
36
Monthly deduction
£100
£100
£100
GBP Total
£1,200
£2,400
£3,600
BTC Total
(purchased on 1st of month)
0.03655
0.17116
0.391513
BTC Value Today
(in GBP)
£1,181
£5,528
£12,644
Return %
-2%
130%
251%
Return £
-£19
£3,128
£9,044
* Calculations done on 02/02/2022
T&C's apply (all relevant T&C’s if/where applicable). Fibermode (trading as Mode) is authorised and registered by the FCA as a Cryptoasset firm (FCA 928786). Bitcoin is not a specified investment under the Financial Services and Markets Act 2000 (FSMA). Funds received by us in relation to cryptocurrency transactions will not be safeguarded (under the UK Electronic Money Regulations 2011). Bitcoin is not regulated in the UK. We cannot and do not guarantee the timeliness, accuracy or completeness of any information (whether pricing, exchange rate or otherwise) provided in connection with Bitcoin.
The value of Bitcoin can go up or down (or can drop to zero), and there can be a substantial risk that you lose money. No FSCS/FOS protection. If you have reason to complain, your complaint will not be within the jurisdiction of the Financial Ombudsman Service (FOS). Capital gains may attract CGT. 18+ UK residents only. KYC required. See our customer protection: modeapp.com/protection
This website is directed exclusively at UK Professional Clients and Eligible Counterparties and should not be relied upon by Retail Clients (all as defined by the FCA). If you are viewing the material as a retail investor, you should seek independent investment advice. This information is not intended for and should not be relied upon by retail investors. You should read the terms and conditions carefully, as your access and use of this website are expressly conditioned upon your acceptance of these terms. If you do not agree to our terms or if you are a retail investor, you should exit this website now.
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