Post
Topic
Board Altcoin Discussion
Re: How to accept crypto payments?
by
Mate2237
on 02/01/2024, 20:16:58 UTC
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?
They will not send the payment to wrong address unless you send a wrong address. There are two ways you can give out the address to them. You can post it in your profile for everyone to see so whenever someone wants to pay with bitcoin you only direct them to the address and they will pay to the address. Or you can give to them whenever someone is interested to py with cryptocurrency. Those are some the ways you can do.

But my question is though accepting Bitcoin as one of the payment method is a good idea but as it is the transaction fee is very high so who is going to pay for the transaction fee? You or the customer? You have to know all things before accepting Bitcoin. Customers will not be interested to pay the high transaction fee to buy something. So I will advise you to wait until the fee comes down very well before accepting Bitcoin in your business.