Post
Topic
Board Bitcoin Discussion
Re: 1 year of accepting crypto payment in my fashion store
by
molsewid
on 30/07/2022, 23:23:49 UTC
I was wondering why the confirmation time wasn't a challenge to you. Do you usually accept transactions without fee? What if someone makes a huge transaction, will you accept their payment with zero network confirmation? What about the fees? What if some customers pay very low fee causing longer confirmation time? Do you set the fee for them?

And since you keep the payment in USD, don't you have to pay a conversation fee and mark up fee for any kind of transactions? How does that affect your business?

I agree, transaction time in bitcoin is not good yet, it will take time. I am also wondering how can he/she adapt on the unstable price of bitcoin. I don't know if I missed on something but does he still accept other coin/token except for bitcoin? because bitcoin transfer fee is kinda big and the transaction time is kinda long and it is very volatile. I hope he can reply to us to tell us more about his store, because I am interested and planning to accept bitcoin as well in my own digital store soon.