Hello bitcoin community
I need review in terms of feedback for one of my project which relates to bitcoin and other crypto exchange services.
I have an online delivery service with which I perform courier and sentiments delivery services in my region. I am accepting upfront payments PayPal and payment via credit cards. I am interested to use this module of service for crypto exchange services .Like buying and selling of Bitcoin and other crypto currency with credit cards.
I need review of users about this service platform. My business module is based on the fact that I have trusted currency vendors from my region who can supply me any quantity of crypto currency of any value and nature. For the end user I can refer him to my website to proceed through payment through credit card and then once I get it credited I can release the equivalent crypto currency.
I request members of this forum to give a feedback on this? Share your experience with similar project portfolios? Do and not to Do tactics of such project. Suggest standards terms of service. Even come up and be my vendor partner for this business.
I thank in advance any feedback received in this thread. Waiting to hear from you soon.
Basically, you will sell cryptocurrencies and customers will pay by credit card. This is the second dangerous option you can choose, the first one is Paypal. If you accept these kind of payments, you won't be able to fight for your right, is the buyer wants to scam you and start a dispute in PayPal or starts a chargeback at the credit card company (bank). Paypal and banks always decide in the favour of the buyer and not you if it's about cryptocurrencies. If you think that you can make a kind of higher fee (10-20%) in your prices accepted by the customers to cover your losses because of the above mentioned problems, it's possible that you can make profit at the end.
