How to Use Deel: A Complete Guide to Paying, Getting Paid, and Using the Deel Wallet

Introduction

Deel is one of the most powerful platforms for managing international payments and remote work compliance. Whether you’re a freelancer looking to get paid or a business wanting to pay global contractors with ease, Deel offers a flexible, secure, and user-friendly solution. In this guide, we answer the most searched questions on how to use Deel — all in one place.

How to Sign Up on Deel (Step-by-Step)

Getting started with Deel is quick and easy. Here’s how to register and begin using the platform, whether you’re a freelancer or a company.

Step 1: Go to the Deel Website

👉 Visit deel.com and click “Sign Up” in the top-right corner.

Step 2: Choose Your Role

You’ll be asked to choose between:

• I want to hire (for companies)
• I want to get paid (for freelancers/contractors)

Step 3: Fill in Your Details

• Enter your name, email, and password
• Accept terms and conditions
• Click Create Account

Step 4: Verify Your Email

You’ll receive an email from Deel. Click the verification link to activate your account.

Step 5: Complete Your Profile

Once inside:

• Set your location and currency
• Add your job role or business type
• Start creating a contract or add payout method (based on your role)

How to Pay Someone Through Deel

Paying freelancers and contractors on Deel is fast and compliant. Here’s how it works:

1. Create a company account on Deel.
2. Invite the freelancer by email and choose the contract type (e.g., Fixed Rate, Milestone, Pay As You Go).
3. Set payment terms (frequency, amount, currency).
4. Fund the contract using a preferred method (bank, card, etc.).
5. Payments are processed automatically according to the agreed schedule.

✅ Tip: Deel handles local tax compliance and generates invoices automatically.

How to Receive Payments in Deel

If you’re a freelancer or contractor:

1. Sign up for free on Deel.
2. Add your personal info and tax documents.
3. Connect your withdrawal method (bank transfer, Wise, PayPal, Payoneer, Crypto).
4. Once your client funds the contract, you’ll get paid automatically on the scheduled date.

👉 You can also set your preferred payout currency.

How to Use the Deel Wallet (Everything You Need to Know)

The Deel Wallet is a built-in digital wallet designed to help freelancers and remote workers hold, manage, and transfer their earnings with greater flexibility. Whether you’re getting paid in USD, EUR, or even crypto, the Deel Wallet gives you full control over how and when you withdraw your money.

What Is the Deel Wallet?

The Deel Wallet is a virtual holding account that receives your payments from clients. Instead of being forced to withdraw funds immediately, you can store your money securely, monitor balances, convert currencies, and choose the best time or method to move funds to your personal account.

Key Features of the Deel Wallet

How to Access and Use Your Wallet

1. Log into your Deel account
2. Click on the “Wallet” tab in the main navigation
3. View your balance in the main dashboard
4. Click “Withdraw” to initiate a transfer
5. Select the withdrawal method and currency
6. Confirm the amount and complete the transaction

✅ Funds typically arrive in your chosen account within 1–3 business days, depending on the method.

Supported Withdrawal Methods

You can transfer money from your Deel Wallet using several global payment options:

• Bank Transfer (SWIFT/SEPA/local)
• Wise (ex TransferWise)
• PayPal
• Payoneer
• Revolut
• Coinbase (for crypto payouts in USDC or BTC)

🧠 Tip: You can set a preferred default withdrawal method for faster processing.

Fees and Exchange Rates

• Deel itself does not charge a withdrawal fee
• However, your provider (e.g. PayPal or your bank) may apply transaction or currency conversion fees
• Deel offers competitive exchange rates visible during the withdrawal process

Why Use the Deel Wallet?

Unlike platforms that force immediate payout, Deel lets you:

• Wait for better FX rates before converting currencies
• Split payments across different methods
• Accumulate earnings and manage your money like a digital bank account
• Enjoy real-time reporting and transaction history

Is My Money Safe?

Absolutely. Deel uses:

• 2FA (two-factor authentication)
• Secure encryption protocols
• Regulated financial intermediaries
• KYC & AML compliance policies

Your funds are stored in segregated accounts, never mixed with Deel’s operational capital.

Pro Tip for Freelancers

Want to maximize your payout value?

• Enable USD or EUR holding if your local currency is volatile
• Use Wise or Payoneer to reduce conversion fees
• Withdraw only when the FX market is favorable

Is Deel Really Free?

• Freelancers: Yes, Deel is 100% free to use — no fees to receive payments.
• Clients/Companies: Deel charges a fee per contract and/or for EOR services, depending on the chosen plan.
• Optional features like background checks or classification add-ons may incur extra costs.

🔒 You always see fees transparently before confirming.

Is It Safe to Keep Money on Deel?

Absolutely. Deel is a secure platform backed by:

• Encryption and two-factor authentication (2FA)
• Bank-level infrastructure
• Regulated payment partners
• Global compliance coverage

Funds are protected and can be withdrawn at any time.

How Do I Get My Money from Deel?

Withdrawals are simple:

• Choose your preferred method (bank, PayPal, Wise, etc.)
• Select the amount
• Confirm

⏱️ Payouts usually arrive within 1 to 3 business days depending on the method. Deel doesn’t charge withdrawal fees, but your provider might.

Bonus: Use Deel’s Free Tools for Contracts

Deel offers:

• Free contract templates for freelancers and companies
• Automated tax form collection (W-8BEN, W-9)
• Instant generation of compliant invoices
• E-signature tools

Perfect if you’re just getting started and want to stay legally protected.

US Compliance Essentials with Deel

For US companies, compliance goes beyond payroll. Deel ensures that you remain compliant with IRS regulations, state-specific employment laws, and worker classification rules. For example, when hiring contractors, Deel automatically generates IRS Form 1099-NEC and provides tax summaries for easy filing. When hiring employees, it handles Form W-2, federal tax withholdings, and state tax obligations.

Case Study: A US Startup Scaling with Deel

Consider a tech startup in Austin, Texas, that needed to hire software engineers in Canada and the UK. Without Deel, they would have faced complex tax registration, currency exchange issues, and legal risk. Using Deel’s Employer of Record (EOR) service, they onboarded both employees within days, paid in local currencies, and complied with each country’s labor laws—while managing everything from their US headquarters.

Comparison Table – Deel vs US Competitors

Extra Section: US Payroll & Tax Benefits

• Automated State Compliance – Deel manages multi-state payroll, including specific tax codes for California, New York, Texas, and more.
• Healthcare & Benefits – Integration with US benefits providers for health, dental, and retirement plans.
• Real-Time Currency Conversion – Lock in rates for international payroll from USD.

✅ Ready to Start Using Deel?

👉 Sign up with Deel and simplify your global hiring, contracts, and payments — all in one dashboard.
Your all-in-one solution for borderless work.

Frequently Asked Questions (FAQ)

Can I use Deel for free?

Yes, freelancers can use Deel completely free to receive payments. Employers may pay small fees depending on the service used.

Employers may pay small fees depending on the service used, such as international payroll or Employer of Record (EOR) services.

How long does it take to receive payments?

Payments typically arrive within 1–3 business days after withdrawal, depending on your chosen method.

Can I get paid in crypto?

Yes, Deel supports cryptocurrency payouts (e.g., USDC, Bitcoin) via Coinbase and other partners.

Is Deel available worldwide?

Yes, Deel is used in over 150 countries and supports local compliance and multiple currencies.

Is Deel safe to use?

Yes, Deel is highly secure, using advanced encryption, two-factor authentication (2FA), and regulated financial partners to protect your data and funds.

Can US companies use Deel to pay international contractors?

Absolutely. Deel enables US companies to pay international contractors in over 150 countries, ensuring compliance with both IRS and state-level tax regulations.

Does Deel handle US payroll taxes?

Yes. Deel manages federal and state payroll tax filings for employees, generating required forms such as W-2 and 1099, and keeping your business fully compliant.

You can read more in our payroll certification guide.

Is Deel better than Gusto for US businesses?

While Gusto is a great option for US-only payroll and benefits, Deel is more suitable for US companies hiring internationally, offering Employer of Record services and global compliance coverage.

For more vendors, visit our HR Vendors Directory.