Post
Topic
Board Bitcoin Discussion
Re: Should I accept Bitcoin for payments on my online store?
by
Gotumoot
on 04/11/2020, 18:59:55 UTC
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
I think the only risk in accepting crypto as a payment method is the volatility but if you would convert it into Fiat right away then there wouldn't be a problem.
But you should also consider the transaction fee's and the delay of transaction.
I think you shouldn't really worry about it since it is just going to be an option on your online store you could also add more option for them.