I am wondering what are the ways to accept crypto payments in an online business. Should I share my wallet address and ask clients to send payments to it? Isn't it troublesome? Payments could be sent to the wrong wallet address and also it would be difficult to manage the transaction history. What should I do?
There are several ways to accept crypto payments in an online business, and sharing your wallet address is one of them. I recommend using a reputable crypto payment gateway or service provider to handle your crypto transactions. These services provide an easy-to-use interface, manage transaction history, and ensure secure payments. Some popular options include
Coinbase Commerce, BitPay, and CoinGate. Using a crypto payment gateway will help you avoid potential issues with wallet addresses and make it easier to manage your transaction history. Additionally, for me these services often provide tools to help you convert crypto payments to your preferred currency, making it more convenient for your business.