Pet shop want to become a bitcoin exchange?

[CryptoBry]

I’ve got a pet shop and I wanted to accept bitcoin and alt coins then I was reading about becoming a bitcoin exchange ... is this possible? I understand it’s worth goes up and down.

Maybe you are referring to being a cryptocurrency exchanger just like the many money (usually forex) changers we have around, right? And in that case, you need to know the many laws regulating that kind of business. Accepting Bitcoin or any cryptocurrency for your business can be the easy part but with exchanging business that has many regulations in placed so you need to make sure you are doing things legally otherwise you can be encountering many problems with authorities. Anyway, good luck with your endeavor and I am wishing that you

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[Shasha80]

There is no problem in my opinion you want your pet shop to provide exchanges for bitcoin and altcoins. That can be done just to be prepared
facilities such as devices and internet connections. But what must be considered is the legal aspect, does your country legally allow the practice
cryptocurrency. Because some countries are strictly related to cryptocurrency transactions. If your country does not prohibit, please realize it right?
the plan. And one more input from me, pay attention to customer service not to disappoint.

[BChydro]

I’ve got a pet shop and I wanted to accept bitcoin and alt coins then I was reading about becoming a bitcoin exchange ... is this possible? I understand it’s worth goes up and down.

Accepting bitcoin for your business is one aspect and that can be done easily as you need to integrate a wallet to your site so that you can accept crypto but starting an bitcoin exchange is a different ball game altogether, majority of the exchanges in the market started with minimal funds and security and you have seen many hacks and it is not a easy process.

[3la9l_kolbaCa]

There is no problem in my opinion you want your pet shop to provide exchanges for bitcoin and altcoins. That can be done just to be prepared
facilities such as devices and internet connections. But what must be considered is the legal aspect, does your country legally allow the practice
cryptocurrency. Because some countries are strictly related to cryptocurrency transactions. If your country does not prohibit, please realize it right?
the plan. And one more input from me, pay attention to customer service not to disappoint.

Nobody can stop us from whatever plans we had with our business whether you're a fast food chain or a regular pet shop. In order to make your customer satisfied with the service, make sure you'd a able to provide them what they really wanted. Never allow any delays and possible breakdowns for them unless it's a natural disasters like calamities of nature.
This is one ways of exercising cryptocurrency adoption and possible that many other branches would love to deal with it.

[Dr.Osh]

I’ve got a pet shop and I wanted to accept bitcoin and alt coins then I was reading about becoming a bitcoin exchange ... is this possible? I understand it’s worth goes up and down.

as long as it's not against the rules in your area or your city, I think it can be done. however, at this time many crypto users are focused on increasing their assets, so they use all means. as long as it doesn't break the rules, it can be done. honestly, I also want to open a business like that, unfortunately, it's prohibited in my city.

[ragavancoin]

Good idea but you need to invest so much money hope you already own a pet shop. Yeah if your store has an bitcoin ATM shop then good and people should be aware of Bitcoin as most of them doesn't know about Bitcoin. It takes time as bitcoin is not known  to much people and it's a decentralized crypto currency known  for its volatility think it's bit risky.

[Rawbsoup]

The pet shop is established and we are a busy shop. I just want to be forward thinking. It will be great advertising. But I don’t know the best software to do it. So bitcoin atm could be possible rather than an exchange?

[Jet Cash]

I think you have a few options.

You can accept Bitcoin, and an interesting variant would be an offer to provide change for a purchase in Sterling.
You could use Local Bitcoins to exchange crypto.
You could install an ATM

You will need to be careful that you don't breach any banking regulations, and also you will need to make sure that your business bank is happy for you to have crypto associations.

[Rawbsoup]

If all acceptable. How would you go about doing these things.

Like the variant idea

[bounceback]

I’ve got a pet shop and I wanted to accept bitcoin and alt coins then I was reading about becoming a bitcoin exchange ... is this possible? I understand it’s worth goes up and down.

why not possible?
accepting payment methods with bitcoin or other altcoins will certainly make it easier for us to make transactions in the era of advanced technology as it is today, so it is not surprising if we see that today bitcoin is a digital currency that is very popular as a means of purchasing and payment easily without the need to pass through services banking financial authority.

[Anonaneadone]

I’ve got a pet shop and I wanted to accept bitcoin and alt coins then I was reading about becoming a bitcoin exchange ... is this possible? I understand it’s worth goes up and down.

It is possible if you want to. But i don't think that changing your pet shop to bitcoin exchange must be good. For me, i do not want to risk the stable earning shop for bitcoin. I think you must be practical, make a different place for bitcoin instead of replacing the pet shop.

[Rawbsoup]

I meant a pet shop and an exchange

I have bitpay that’s for bitcoin right? And for other alt coins what would I use. I love the idea of Dogecoin.

I was thinking an exchange but maybe an atm would be easier to manage?

[kotajikikox]

I’ve got a pet shop and I wanted to accept bitcoin and alt coins then I was reading about becoming a bitcoin exchange ... is this possible? I understand it’s worth goes up and down.

Pet shop business is already a good one,together if you have a grooming and pet foods offered because i have a friend that has it and now he is having 4 branches already and still going good and profiting.
while having exchange business in crypto is very risky because there are many exchange that has been accused of scams and other dirty work and aside from this the hard and expensive start for this business.

[Rawbsoup]

I’m not intending on closing down the pet shop.

[acroman08]

I’ve got a pet shop and I wanted to accept bitcoin and alt coins then I was reading about becoming a bitcoin exchange ... is this possible? I understand it’s worth goes up and down.

Yes, it is possible but you should know becoming a bitcoin exchange a has risk that comes with it. regarding the volatile nature of cryptocurrency, if you are worried about the price suddenly
going down when accepting bitcoin as a payment to your pet shop business you can quickly exchange it into FIAT.

[EdvinZ]

I’ve got a pet shop and I wanted to accept bitcoin and alt coins then I was reading about becoming a bitcoin exchange ... is this possible? I understand it’s worth goes up and down.

Of course, you should implement the possibility of accepting payments in cryptocurrencies in your pet store. Even if there are not many buyers of goods for cryptocurrency, this option will allow you to make an advertisement for your institution, which will undoubtedly attract the attention of the public. As a result, your business should become more profitable.

[Rawbsoup]

So what do I need to implement these?

[Eternad]

I’ve got a pet shop and I wanted to accept bitcoin and alt coins then I was reading about becoming a bitcoin exchange ... is this possible? I understand it’s worth goes up and down.

why not possible?
accepting payment methods with bitcoin or other altcoins will certainly make it easier for us to make transactions in the era of advanced technology as it is today, so it is not surprising if we see that today bitcoin is a digital currency that is very popular as a means of purchasing and payment easily without the need to pass through services banking financial authority.

Accepting is way easier, but being an exchange is a different story. But if it will only be like a btc to fiat exchange in your area then OP can do it. It's also a way for him to have bitcoin as an investment at the same time as a business venture. Many stores will accept Bitcoin too in the future so it's good to be a early adapter.

[Rawbsoup]

So how do I accept?

[Kupid002]

I’ve got a pet shop and I wanted to accept bitcoin and alt coins then I was reading about becoming a bitcoin exchange ... is this possible? I understand it’s worth goes up and down.

really you want to have exchange or you are only accepting bitcoin and other crypto as payment?

Having your own exchange is not an easy task and its need more money to start your journey having it, you also need to have background in any other coins and know how to secured other assets using your exchange .
If you only want to accept crypto as payment then you only need local exchange for this.