I'm considering to possibly add Bitcoin and other altcoins as a way to pay for goods purchased on my online store.
Is this a good idea? Are there any risks (other than the volatility)?
Is anyone really going to use this?
I'm afraid that my customers may not be much into cryptos, but I guess that it's hard to tell until you try ...
I also have some doubts on the technical side.
Thoughts?
Thanks in advance
Do YOU want to receive bitcoin and other crypto currencies? Or do you want to receive fiat currency but allow users to pay in crypto currencies? If it is the former, then yeah go ahead. I don't think there is any risks involved as long as you set up everything (the wallets, protocol and other stuffs) properly. But make sure each transaction gets enough network confirmation.
If it is the latter, then you can use third party payment gateways. They will accept bitcoin from users and you will receive fiat currency. The fee is reasonable and as far as I know, there is no risks involved and easy to set up.