Ive got a pet shop and I wanted to accept bitcoin and alt coins then I was reading about becoming a bitcoin exchange ... is this possible? I understand its worth goes up and down.
Accept bitcoin and other cryptocurrencies for payment. Put the sticker on your door. Be a local supporter. All of this is fantastic!
The exchange part is totally separate. If you're going to facilitate transfers for people, set up an exchange online, keep it separate from the pet shop. If you live in the US structure it as a C-corp so you're not personally liable if something stupid happens to the exchange accounts. You can use the pet store to advertise your exchange for those paying with crypto, but keep it separate.
Let us know how it goes with both projects! We're here to help!