Post
Topic
Board Bitcoin Discussion
Re: Should I accept Bitcoin for payments on my online store?
by
saffira
on 30/01/2021, 13:09:03 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 you should be careful on that idea. For me it is safer to accept local currency or dollar.  The price of bitcoin is volatile, you may lose your money. I do not think it is a good way of payment. Transaction fee is also a factor that will affect the processing.