Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: ETHTRADZ on August 02, 2017, 06:59:05 PM



Title: ONLY ONE WAY?
Post by: ETHTRADZ on August 02, 2017, 06:59:05 PM
Hello,
I would like to use bitcoin to receive money from my webshop.
A friend of mine told me that I need to work with bitcoins. Receive, sell… etc.
But I would like only to receive bitcoins and transfer then into EUR to my bank account.
Is it OK to use bitcoins like that?


Title: Re: ONLY ONE WAY?
Post by: hpmp on August 02, 2017, 07:09:13 PM
You should think about holding some part of bitcoin and not exchange it to fiat in the same day, because bitcoin price is growing.


Title: Re: ONLY ONE WAY?
Post by: Pab on August 02, 2017, 07:10:16 PM
You can look GoCoin or maybe SpectroCoin


Title: Re: ONLY ONE WAY?
Post by: Justaguy2 on August 02, 2017, 07:11:14 PM
I do beleive you will have to contact your governement - and ask for rules as well. When you draw fiat profit out of the coins they will notice so better to be safe then sorry. I think this is perfectly possible allthough i beleive (i'm not absolutely sure though) that earning cash out of crypto you comes with high taxes.


Title: Re: ONLY ONE WAY?
Post by: 100degrees on August 02, 2017, 07:12:01 PM
There should be some payment processors that can help you. The only concern is price fluctuation. However, if you build a little of that into your price you should be good.


Title: Re: ONLY ONE WAY?
Post by: hpmp on August 02, 2017, 07:15:14 PM
it can and Y2Y it is! :D