Post
Topic
Board Bitcoin Discussion
Re: Will accepting cryptocurrency as a payment be profitable for business?
by
tjtonmoy
on 09/03/2023, 18:36:57 UTC
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.

You need to consider many things before you start accepting cryptocurrency as a payment method. Talking from experience, it's fun but a bit hard without proper planning. If your business requires instant funds for reinvesting purpose, then you will make slow progress on crypto payment. And also to mention that the price could move at any time.
You need to have a plan on how much you can hodl and how much you can withdraw to grow your business. If you can figure it out, then it's a very fun and exciting experience. The joy from your first crypto payment is incomparable.
Also, is it legal in your country? I had to stop because it isn't legal around here.