When posting a project, clients are given a choice between posting a fixed-price or an hourly one. Posting projects in the correct project type that better fits the work requirements can be advantageous.

If you are a client looking to post a project, you can get some tips here.

Fixed-price project

• This is ideal for one-time projects or those with set/limited budgets.
• The bid amount of the winning freelancer is the total amount to pay them for completing the project.
• The project can be paid through Milestone Payments (recommended), or by directly transferring funds to the freelancer. 

Hourly project

• This is ideal for continuous work (no specific deadline), or full-time positions.
• The bids of the freelancers are their hourly rate for your required work. The amount to pay your winning freelancer is the price of the total hours of rendered work.
• Milestone Payments automatically generated every Monday from hours tracked in the Freelancer Desktop App will be paid every Wednesday. You may read here for more details.