Post
Topic
Board Bitcoin Discussion
Re: One Month of Accepting Bitcoin for Payment
by
GreatArkansas
on 08/12/2022, 00:48:11 UTC
Knowing that the Bitcoin payment I receive from customers is not an investment but rather my business capital, what I do after receiving payment in bitcoin is convert my capital to a stable coin and leave my profit in bitcoin.
(....)
Just some basic questions:
How frequently you are converting the bitcoins you received from your sales? It's like after there is someone who bought using Bitcoin, you convert them immediately to stablecoins. Or do you have a schedule?
And speaking of you converting bitcoins to stablecoins, are you using a centralized exchange here? And where do you store the converted stablecoins after?