Is there any disadvantages or advantages of receiving BTC as a payment?

[Immakillya]

Yes, there is. That's why we see only few business are accepting this kind of payment. They are hesitant because of it's price. The fluctuation of price can make their business unstable. If they accept bitcoin while it's still high and then it drops drastically. That's messed up. You lose your income and even capital. But some are brave to accept bitcoin as a way of payment be ause they know they could get a huge profit in return.

Some business that accepts Bitcoin has third parties. Some of them have partnership with exchanges which they are able to convert Bitcoin to fiat immediately as soon as they receive the payment. Alibaba for example. But the reason why it's not happen is because of exchange ban in China. Alibaba is a Chinese company. They were unable to get third party since exchanges there are banned.

[AmXProX]

Both an advantage and disadvantage is the change in prices from time to time, if you sold a product for $100 it will not be the same amount by tomorrow it may cost more or less. You can consider this as an advantage or disadvantage but if you use it right you will definitely earn more if you accept bitcoin as a mode of payment.

[filharvey]

It would be an advantage of receiving BTC as a payment if its price suddenly increases and it would be a disadvantage and loss if the price of bitcoin suddenly falls.

Another advantage is that our payments received in bitcoins would be tax free unless bitcoin gets regulated in our country.

Disadvantage is that even if we receive our payments in bitcoin,we would have to convert it in to fiat currency to spend it as we don't have enough stores accepting bitcoin payments.

[100%succes]

As I scan and read forums I got curious here.

Is there any disadvantages or advantages of receiving BTC as a payment from the object that you are selling or from the object you are buying by a BTC? I hope someone would be nice to to answer it kindly.

which I experienced, the advantages of buying in bitcoin easier and faster transaction so as to make it convenient in transactions safe and reliable.
loss, when selling bitcoin and later on the bitcoin price went up. all that happens because of the uncertain bitcoin price.. which every month goes up and down.

[erickkyut]

Yes there are advantages and disadvantages when receiving Bitcoin as mode of payment. The advantage is that it is easily accessible and very comfortable to use. The disadvantage is that the price is very volatile. It changes every minute so there is no definite value as to what you are going to receive. Another disadvantage is the very high transaction fees.

[DewiKirana]

The advantages and disadvantages of the bitcoin depends on where we live (the country) we live in. Since there are several countries that support and legalize bitcoin, it certainly makes bitcoin has more dominant advantages. So the shortcomings and the advantages of bitcoin vary in each region.

[fishbonez11]

The advantages of receiving bitcoin as payment includes fast and easy transaction and lower transaction fees compared to other payment methods. You can offer this option so that it will a lesser transaction fee for whoever will shoulder it. Some disadvantages includes that not all people use bitcoin, or uses bitcoin but is not very technical, amd the price is not stable so may receive a lower amount as payment. So you may need to adjust your pricing for a threshold.

[DoublerHunter]

The disadvantage that i know for accepting bitcoin as a payment is you are risking your possible profit or money in volatility because the volatility can give you either profits or losses so it is a high risk if you are very concern in money. The advantage of getting bitcoin as a payment is, it is fast and cheap in terms of fees so you don't need to worry for going out just to make payment because you can finish the payment in your home.

[Delarock]

I'd rather focus on the value of BTC. The advantage lies in the increase of Bitcoin's value. If the value of Bitcoin is going high, what you have received as payment of what you sold is considerably multiplied.

[dawoodkhan97]

Bitcoin as a mode of payment for the client is not suitable
as due to no refund option and increased chances of scam.

Bitcoin for merchants is a good option due to the volatility
in its price, privacy and no charge back option.

I guess it all depends on who you're dealing with and how
well you know them.

[sheenshane]

As I scan and read forums I got curious here.

Is there any disadvantages or advantages of receiving BTC as a payment from the object that you are selling or from the object you are buying by a BTC? I hope someone would be nice to to answer it kindly.

The disadvantage of bitcoin by using in paying bills is not reliable, because bitcoin is volatility the price is not fix when you pay that items. And also no refund once you've got error in typing an wallet address when making transactions. Beside that disadvantages bitcoin also have advantage on us. Faster and easy paying bills, profitable and also you might be saved and invest for your brighter future. Bitcoin also helps our daily needs.

[Freshmen]

As I scan and read forums I got curious here.

Is there any disadvantages or advantages of receiving BTC as a payment from the object that you are selling or from the object you are buying by a BTC? I hope someone would be nice to to answer it kindly.

The disadvantage of bitcoin by using in paying bills is not reliable, because bitcoin is volatility the price is not fix when you pay that items. And also no refund once you've got error in typing an wallet address when making transactions. Beside that disadvantages bitcoin also have advantage on us. Faster and easy paying bills, profitable and also you might be saved and invest for your brighter future. Bitcoin also helps our daily needs.

Bitcoin is the perfect currency which has no disadvantages and the reason behind so much following of bitcoin is its perfection and volatility is the best benefit of bitcoin as it deliver so much profit by varying its prices and when it comes to me and my region we will gladly accept bitcoin payment because bitcoin is best mode of payment and wallet address related issues are technical issues those will sorted out easily.