Hello forum,
Let’s say I have a shop and sell items ranging from 1-10$ how do I efficiently accept that?
If each user gets his own address (which is kinda necessary) and I want to transfer the funds from 1000 user, then I would have 1000 inputs which makes the fee incredibly high.
I calculated already with an online fee calculator, and the transaction fees currently would be ~10% of the actual value. Is it possible to send without any fees? Or less than 1sat/bit?
Greetings glsck
Is it a physical store? If so, you could use:
https://breez.technology/.
It has a Point-Of-Sale feature where you can keep a list of items you sell with their respective dollar prices. Then you can quickly create an invoice for that amount of satoshis and display a QR code to get paid. Through the use of Lightning, it costs almost nothing to transfer the funds.
If it’s an online shop, I recommend using a Bitcoin payment processor that supports Lightning for the same reason of unbeatably low fees. My recommendation would be to use
https://btcpayserver.org/.