Pay contractors

Pay contractors in Turkey with USDT

Turkey has a large developer and design workforce, and lira volatility has pushed many people toward dollar stablecoins as a store of value.

At a glance

Local currency
TRY
Turkish Lira
Network WorkTGT pays on
BEP20
BNB Smart Chain (BEP20 USDT)
WorkTGT fee on 1,000 USDT
1 USDT
Mid-market rate
49.5271
1 USD = 49.5271 TRY

Sending 1,000 USD to a contractor in Turkey: what each method costs

Modelled at today's mid-market USD/TRY rate with published fee schedules. The USDT row assumes the contractor converts at close to the mid-market rate. Real exchange spreads vary, so read it as the best case.

  • USDT on-chain

    Recipient gets
    49,397.12 TRY
    Lost vs mid-market
    −129.94
    Total cost
    0.26%

  • Wise

    Recipient gets
    49,220.59 TRY
    Lost vs mid-market
    −306.47
    Total cost
    0.62%

  • PayPal

    Recipient gets
    47,080.42 TRY
    Lost vs mid-market
    −2,446.64
    Total cost
    4.94%

  • Bank wire (SWIFT)

    Recipient gets
    46,930.4 TRY
    Lost vs mid-market
    −2,596.66
    Total cost
    5.24%

Fees surveyed on 2026-07-27

USD/TRY rate history and full cost table

Change the amount or the currencies to see what each method leaves your contractor with.

Work out your own amount

Cheapest here: USDT via WorkTGT. The recipient gets 49,403.32 TRY.

  • USDT via WorkTGTCheapest

    Recipient gets
    49,403.32 TRY
    Fees
    1.00 USD
    Lost vs mid-market
    −123.74 TRY
    Total cost
    0.25%

  • Wise

    Recipient gets
    49,220.59 TRY
    Fees
    6.19 USD
    Lost vs mid-market
    −306.47 TRY
    Total cost
    0.62%

  • PayPal

    Recipient gets
    47,080.42 TRY
    Fees
    20.00 USD
    Lost vs mid-market
    −2,446.64 TRY
    Total cost
    4.94%

  • Bank wire (SWIFT)

    Recipient gets
    46,930.40 TRY
    Fees
    28.13 USD
    Lost vs mid-market
    −2,596.66 TRY
    Total cost
    5.24%

How these numbers are worked out

  • Every method assumes you spend exactly the amount above, with fees taken out of it, and is measured against the mid-market rate.
  • Bank wire: 25 EUR in sending and intermediary fees, plus a 2.5% markup on the exchange rate.
  • Wise: 1.5 EUR plus 0.45% of the amount, converted at the mid-market rate.
  • PayPal: 2% of the amount, plus a 3% markup on the exchange rate.
  • USDT via WorkTGT: 0.1% of the payout (min 0.5, max 5 USDT), network gas included. USDT is counted at 1 USD, plus a 0.15% spread when the recipient converts USDT to local currency.

Provider fees surveyed on 2026-07-27. They vary by country, bank and amount, so check with your provider before a large transfer. Exchange rate: ECB reference rate of 2026-10-16.

Pay your team the cheaper way

WorkTGT runs team payouts in USDT from your own Safe multisig, with approvals before anything moves. Free to use; each executed payout costs 0.1%, gas included.

Start free

What WorkTGT charges per payout

0.1% of each executed payout, at least 0.5 and at most 5 USDT, with network gas included. The fee goes out in the same Safe transaction, so the contractor receives the full amount.

What WorkTGT charges per payout
PayoutWorkTGT feeLeaves your SafeEffective rate
100 USDT0.5100.50.50%
500 USDT0.5500.50.10%
1,000 USDT11,0010.10%
3,000 USDT33,0030.10%
10,000 USDT510,0050.05%

How contractors in Turkey cash out

Recipients usually sell USDT on a Turkish exchange and withdraw lira to their bank account. Crypto asset service providers in Turkey need a licence from the Capital Markets Board (SPK).

Before the first payout, confirm with the contractor

  • Their USDT address on BNB Smart Chain (BEP20). A TRON (TRC20) address is a different network and cannot receive this transfer.
  • That their exchange or wallet accepts BEP20 USDT deposits.
  • Which platform they will use to convert, and roughly what it charges.
  • The invoice currency and amount, so the payout can be matched to it later.

How a team pays a contractor in Turkey in WorkTGT

The flow is the same for every country. Only the recipient's address and the way they cash out change.

  1. 1

    Register the contractor once

    An admin adds the contractor's name and BEP20 address. New addresses can require an extra approval, so an address swapped in a chat message cannot slip through.

  2. 2

    Raise a payout request

    The requester enters the amount in USDT, attaches the invoice or a note, and submits. The fee is shown before anyone approves.

  3. 3

    Approve

    Designated approvers check the request against the invoice. Large amounts can require more approvals than routine ones.

  4. 4

    Sign and execute from your Safe

    Safe owners sign in their own wallets until the threshold is met. Payout and fee leave in one transaction, and WorkTGT never holds the funds or the keys.

  5. 5

    Keep the record

    Every step lands in an append-only audit log with the on-chain transaction hash, ready to export to CSV for your accountant.

Rules and tax in Turkey: what to check

Turkey does not allow crypto assets to be used to pay for goods and services domestically, and it licenses crypto platforms under a dedicated law. A cross-border contractor payment is a different case, so get local advice on how the contractor should treat and declare it.

This page is general information, not legal or tax advice. Crypto rules change often: check local rules and talk to a qualified adviser before you rely on any setup.

Frequently asked questions

Is it allowed to pay a contractor in Turkey in USDT?

Turkey does not allow crypto assets to be used to pay for goods and services domestically, and it licenses crypto platforms under a dedicated law. A cross-border contractor payment is a different case, so get local advice on how the contractor should treat and declare it.

Which USDT address should a contractor in Turkey give us?

A USDT address on BNB Smart Chain (BEP20), which starts with 0x. WorkTGT pays from a Safe on BNB Smart Chain, so TRON (TRC20) addresses will not work. Ethereum uses the same 0x format, so the contractor should confirm their exchange credits BEP20 deposits to that address.

How much does it cost to pay a contractor in Turkey with WorkTGT?

WorkTGT is free to use. Each executed payout costs 0.1%, at least 0.5 and at most 5 USDT, with gas included: 1 USDT on a 1,000 USDT payout. The contractor's own exchange fees for converting into local currency (TRY) are separate.

How long does a USDT payout take to arrive?

Once the last signer executes, a BNB Smart Chain transfer usually confirms within seconds to a minute. The part that varies is your own approval process and the contractor's conversion to local currency.

Do we still need a contract and invoices?

Yes. Paying in USDT does not replace a contractor agreement, invoices, or either side's tax obligations. WorkTGT links each payout to its request and keeps the transaction hash, which makes the paper trail easier to keep.

Run your next contractor payout through approvals

Free to use. Your funds stay in a Safe your team controls.

Start free