Post
Topic
Board Bitcoin Discussion
Merits 5 from 3 users
Re: Will accepting cryptocurrency as a payment be profitable for business?
by
Fiatless
on 09/03/2023, 07:15:13 UTC
⭐ Merited by Zilon (3) ,NotATether (1) ,Sandra_hakeem (1)
Cryptocurrency payment getaways have the lowest transaction fees so that the business owners gets more profit from it. accepting cryptocurrency as a method of payment opens you to more customers internationally. it will helped your business to increase profitability and revenue growth.
I have never experienced a faulty transactions with Bitcoin but I have lost so much fiat in banking transactions. Bank mobile or internet banking channels sometimes experience service downtime but the Bitcoin network is ever reliable. I would rather use a reliable network that I can control than using one that is controlled by a third party. Bitcoin helps users to avoid some unreasonable financial transaction policies by the government. But using Bitcoin to buy cheap basic commodities or services might not be too beneficial.