Post
Topic
Board Speculation
Re: High transaction fees affects buyers and seller in payment in bitcoin
by
dimonstration
on 05/01/2024, 15:44:25 UTC
For those who are into business that make use of bitcoin, how do you harness this situation of high transaction fess to not affect your business and customers? So that others will learn from your tips.

It’s not a safe a way but using an exchange Bitcoin wallet address to directly receive Bitcoin and convert it to fiat or other coin with low transaction is my other solution if I will have business that accepts Bitcoin. This way I will not be affected on the high fee since there’s no need for me to transfer it just to conveet it to fiat.

The other way is to use LN Bitcoin but this is not convenient since not all user knew how LN works. Bitcoin fee is now back to 3$ range, this is still high but this much better than last month fee.