Want to be paid in crypto? Here are the rewards — and the risks

The Great Resignation allows workers to seek what they want from their jobs.

Other than flexibility and better benefits, a new workplace perk is gaining popularity.

According to a global poll by financial consultancy deVere Group, cryptocurrencies could become more commonplace in salary negotiations with younger workers.

More than a third of people under the age of 26 would be happy to receive half of their salary in cryptocurrencies, according to a study.

A digital asset that uses computer code and a distributed ledger technology to operate on its own, without a central party to manage the system.

42% of the 800 U.S. employees surveyed by SoFi and Workplace Intelligence would like to receive non-fungible token as performance rewards.

NFTs are unique assets that are verified and stored using a digital ledger similar to the networks that underpin cryptocurrencies.

Tony Jarvis, director of enterprise security in Asia-Pacific and Japan at cybersecurity start-up Darktrace, said getting paid in digital currency is "trendy."

It can be a way to attract future- thinking workers, especially if you're in a certain industry.

SharpRank is one of the companies that is trying to lure younger workers by paying them in cryptocurrencies. College students act as brand ambassadors for the ratings agency.

When Starbucks first became popular, it was important to be seen with a cup, according to Chris Adam, its founder and CEO.

It is similar to being able to have some sort of currency because everyone is talking about it.

We found that the younger demographic, who might have a higher risk appetites, tend to see risk-reward through a different lens than somebody who has really only ever known being paid in cash.

The benefits and risks of offering cryptocurrencies as salary have made it attractive to young talent. CNBC takes a look at both.

It's not necessary to wait for a bank to process a payment in order to receive payment in cryptocurrencies, and it's not necessary to pay exchange fees or additional costs in order to do so.

As soon as your employer makes a payment using digital currency, it will be in your account. You don't have to wait until the next day.

Tony Jarvis of Darktrace said that receiving payment in cryptocurrencies can be fast, and that gives employees a level of certainty.

Digitalvision has Luis Alvarez.

The CEO and co-founder of CoinDCX said that younger investors would prefer getting paid in that way.

They would immediately have access to and hold the digital currency in their portfolios, without having to convert from the currency of their choice.

When it comes to tax laws for cryptocurrencies, the country you are working in is important. Some countries are very tolerant in this regard.

Portugal is a tax haven for digital currency.

If you're saving on the tax side of the equation, you can make significant gains on assets that are increasing over time.

More countries may tighten their reins over digital assets in the near future in a bid to enhance consumer trust and safety.

Individuals in the United States will need to report cryptocurrencies transactions to the IRS later this month.

In India, a 30% tax is imposed on income fromcryptocurrencies.

It is important for employees who are paid incryptocurrencies to be aware of how policy changes can affect their use of the asset.

There is no secret that the market is volatile.

Since November, when it hit a record high of $69,000, the price of bitcoin has fallen more than 40%.

The growth of the value of the virtual currency over the past decade cannot be overlooked, given that it started off as a couple of dollars.

If you get your salary payments by week or month, it will grow into a dollar value and you will get some serious returns.

Chris Adam of SharpRank said that the market is still attractive to young people with higher risk appetites.

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Adam navigating the ups and downs of digital currency can be a positive experience.

We see that a number of kids go through cycles like that and the currency has gone down by 500%. The first thing I will do is ask why and then I will figure out ways to prevent that from happening again.

I think it's an applicable skill in asset allocation and investing.

It may not be for the faint-hearted to own or get paid incryptocurrencies.

The younger demographic, who might have a higher risk appetite, tend to see risk-reward differently than someone who has never been paid in cash.

CNBC Make It spoke to industry experts who said that cyber threats aren't unique tocryptocurrencies.

A lot of scam artists and attackers are using the same techniques as we do when we get phish emails.

It can be really hard to know how to secure assets if you are not a security expert. There is a risk in storing assets on a third party platform.