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Using crypto for business transactions.

  • Thread starter Thread starter Imran_Noori
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Imran_Noori

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We can see nowadays many big businesses are accepting crypto as a payment method, if I start a business then I will definitely do business transactions with crypto.

Are you using crypto for your business transactions?
 
It is not so hard it is simple just being a coinbase or coinpayments merchant site (coinbase is better) and the trick is done. Some people prefer using bitpay also as payment merchant site.
 
If I had my own business, I would accept payments with cryptocurrencies without any problem, but I would surely do so with stablecoins and with those that are less volatile such as bitcoin or ethereum.
 
I don't see anyone in India accepting crypto for business transactions and I wish Amazon can start because I use amazon a lot.
 
People are beginning to accept crypto as payment for goods. There is an electronic shop in my place that accepts USDT for payment.
 
I have not heard of here in my place doing business payments through cryptocurrency. In my country, our money is pesos and people transact through our money or in US dollars.
 
Using crypto currency for business transactions is good though but i think it might be a bit stressful. The price of crypto currency is not stable which means to not loose out, you need to constantly adjust your price.
 
That is now the problem because the price of crypto dropped, so you have to wait for the time its price goes up to profit. Analysts said that crypto price continues to drop until next month or in the entire year.
 
There are many people who tend to use cryptocurrencies when it comes to business transactions and this is because their clients accept payments through cryptocurrencies.
 
It is very risky to use crypto as a payment method for your business, however, I allow my customers to check out with crypto
 
I am really considering adding a crypto payment to my game shop business. A lot of my patrons are young people who are cryptocurrency conscious.
 
Imran Noori said:
We can see nowadays many big businesses are accepting crypto as a payment method, if I start a business then I will definitely do business transactions with crypto.

Are you using crypto for your business transactions?
Click to expand...
I do this a lot but it is among my friends and I who make use of cryptocurrency.
 
It's tough to expect this to happen in India because the government is not allowing and already taxed it at the highest rate
 
Salt said:
It's tough to expect this to happen in India because the government is not allowing and already taxed it at the highest rate
Click to expand...
The government is not also allowing cryptocurrency here but we have our way of doing it
 
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