Payoneer alternative for freelancers paid in stablecoins
If your clients pay you in stablecoins and you want local money in your account, Unigox is a Payoneer alternative. If Amazon, Fiverr or a client's bank transfer pays you, stay with Payoneer.
When Unigox fits better than Payoneer
Your clients already pay you in stablecoins
Payoneer's receiving accounts take bank transfers, and a client's card payment costs up to 3.99% + 0.49 USD. A client who pays in USDT or USDC can send it straight to your Unigox deposit address, and you sell it there for local money.
Payoneer's stablecoin wallet is not open to you
Payoneer opens its stablecoin wallet in waves, to eligible business customers by account type, location and regulation. On Unigox you can sell USDT for any currency it serves, and USDC wherever Unigox lists a USDC rate for it, once you pass the identity check.
When to stay with Payoneer
Marketplaces or bank transfers pay you
Payoneer takes payouts from Amazon, Fiverr, Airbnb and Upwork, and gives you receiving accounts in USD, EUR, GBP, CAD and more for client bank transfers.
You cash out in hryvnia
Payoneer pays hryvnia out to banks such as PrivatBank, monobank, A-Bank and FUIB, and shows its fee before you confirm. If that leaves you more than a Unigox sale on the day, stay with Payoneer.
You bank with HBL in Pakistan
Payoneer works inside the HBL app and says withdrawals to an HBL account arrive within seconds.
You are based in the United States
Unigox does not currently offer its services in the United States, where Payoneer holds state licences.
Payoneer vs Unigox
| Topic | Payoneer | Unigox |
|---|---|---|
| What it is | A business account for getting paid from abroad: receiving accounts in major currencies, marketplace payouts, cards and withdrawals to local banks. | Unigox swaps USDT and USDC with local money. The other side of each trade is an individual P2P merchant or a payment business. |
| How money comes in | From marketplaces (fee set per marketplace), other Payoneer users (free) and clients' bank transfers or cards.
| USDT or USDC, sent to your Unigox Wallet from another wallet or an exchange, which may charge you a network fee for the send. |
| How money goes out | Withdrawals to local banks: PKR in real time for HBL customers through the HBL app, PHP usually the same day, and UAH to banks such as PrivatBank and monobank. | Paid to your account by the P2P merchant or payment business that buys your USDT or USDC. |
| Fees | Withdrawals and account fee:
| The Unigox fee is already inside the rate you see before you confirm a sale. |
| Stablecoins | A stablecoin wallet built with Bridge for eligible business customers: receive and send USDC and USDT, keep a balance in USDC and convert it into regular currency. Withdrawals work in some markets so far, and Payoneer is opening the wallet in waves. | Receive USDT or USDC from a client, another wallet or an exchange, and sell it for local money. You can move USDT or USDC between Unigox and an outside wallet before or after a trade. |
| Identity check | Payoneer may ask for documents to verify your identity, your address and your bank details. | A photo of your ID and a short selfie before your first trade, at any amount. |
| Regulation | E-money institutions authorised by the Central Bank of Ireland and the UK FCA. In the US: registered with FinCEN, with state licences where needed. Licences or registrations also in Hong Kong, Japan, Australia, India and Singapore. | Unigox works through two companies: UNIGOX NETWORK CORP. in Canada handles the local-money side and is registered with FINTRAC as a money services business and with the Bank of Canada as a payment service provider; UNIGOX NETWORK CORP. in Panama handles the crypto side, including wallets and escrow. |
UnigoxCash out USDT without Payoneer
Set up and verify
Set up Unigox before a client pays you in stablecoins: open an account and take a photo of your ID and a short selfie, required before any sale.
Send stablecoins to Unigox
Give a client who pays in stablecoins your Unigox USDT or USDC deposit address and its network. If Payoneer's stablecoin wallet is open on your account, you can send USDT or USDC from it to the same address. Check that the network matches on both screens, because a transfer on the wrong network can be lost.
Sell for local money
Choose the currency, enter the account that should receive it and accept the rate for your amount. When a P2P merchant pays you, confirm in Unigox that the money arrived; that closes the trade. Marketplace payouts keep landing in Payoneer.
Freelancers ask about Payoneer
Are there apps or services like Payoneer for USDT income?
Yes. If clients pay you in USDT or USDC, Unigox swaps it for local money. Payoneer's own stablecoin wallet may also be open to your account.
Is there a Payoneer alternative in Pakistan?
For money already in Payoneer, stay with it if you bank with HBL: Payoneer says those withdrawals arrive within seconds in the HBL app. For income a client pays in USDT or USDC, Unigox is the alternative when the quote screen lists your currency on the day, with the rate for your amount.
Which Payoneer competitors suit freelancers?
That depends on how clients pay you: by bank transfer, by card, through a marketplace or in stablecoins. We have also compared Unigox with Wise, PayPal and Grey, apps freelancers use to get paid from abroad, and each comparison says when to stay with that app.
See all comparisonsWhat are Payoneer's fees, and how does Unigox compare?
Payoneer charges 1.50 USD per withdrawal to a bank in your own country and currency where it lists that fee, 1.2% to 4% otherwise, and 29.95 USD a year if the account receives under 6,000 USD in any 12 consecutive months. Payoneer shows its fee before you confirm; Unigox puts its fee inside the rate it shows before you confirm. Compare what each leaves you on the day.
What happens to my USDT while I wait for the local money?
During a trade the crypto sits in an on-chain escrow that Unigox can release only to the buyer or the seller. If something goes wrong, open a dispute in live chat or by email.
Email support@unigox.comCompare your USDT payout
When you start a sale, Unigox shows the rate for your amount, fee included, before you confirm. Put it next to what Payoneer pays out the same day.
Payoneer and other names and logos are trademarks of their respective owners. Unigox is not affiliated with, endorsed or sponsored by them. Information about other companies comes from public sources, mainly the companies' own websites, and each company can change its products and fees at any time.