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Title: What about bitcoin paying in stores Post by: 325btc on April 11, 2022, 09:23:59 PM So how this process look like ?
Like today i go to store to buy something it cost me about 100$ in few minutes i might checked on my wallet i had 100$ btc...and few minutes like today balance went down So how exacly this works ? I wait in store when btc goes up again to buy my items ? Or what i do or its my bad always should have USDT so once i go in the store my 100$ will remain 100$ becouse today as you see some items you cant buy btc price is lower amd lower or i wait in store when btc price goes up again ?:) Title: Re: What about bitcoin paying in stores Post by: TimeTeller on April 11, 2022, 09:29:04 PM It depends on where the store or merchant is basing their own exchange rate.
So it doesn't mean that they are following the global rates. Usually, the local merchants even local exchanges have slightly different rates. In this case, you need to check the merchant's exchange rate itself, if they have app or something. And if you don't want to deal with the volatility factor, you can use USDT for payment. That is, if the merchant or shop is accepting USDT and not BTC. Title: Re: What about bitcoin paying in stores Post by: dunfida on April 11, 2022, 09:30:19 PM Depends on the store you are buying.
Some might have some fixed BTC value or totally would be depending on real time price on the time you do pay it on cashier.If the price had plummetted then its just understandable that you do need to patch up or wait until the price hits up on that specific price and of course you should mind about fees too but since its almost free or on cents then it wont really be a bothersome. This is one of the things that you should mind about when dealing with btc on purchasing things or some merchants that do accept it. |