Hey, I am sorry that I could not answer all of you individually. But here's some info which will clear some doubts.
I have recently started to accept crypto and getting good feedback as you can see on the payment history. As many of you have said that there are no BTC transactions yet. Well, we are in the first phase of using crypto as a payment. And USDT/BUSD has same value as USD and calculating them as a price is easy. BTC calculation and its volatility makes it hard to calculate.
Here's an example.
Someone called me and placed an order, which he will pick up tomorrow. So if I calculate the price in BTC today and the market rise up or dump after that, the price calculation needs to be done again. It's different in hand-to-hand order. So I have to consider that too. If someone is willing to pay me in BTC, then I will accept it happily. But I can not force them to use only BTC as payment. IT's their personal choice. From my end, I think this is just the beginning of a great thing. We are slowly starting from the start point and when we will reach to the finish line, I am sure we will see all kind of crypto payments.
And one more thing I have noticed while reading all your feedbacks is that you guys want me to use my own personal BTC private wallet to receive payments. I am working on that. I will add that soon in my business. And the thing is, I have to convert the majority of my crypto into fiat money in order to reinvest them in my business. Currently, the amount I earn is not suitable for holding crypto. So in the future, when I make this business grow more, I will try to save one third of my earnings in Crypto. So pray for me, guys. We can build a crypto community for sure.
I do not want to be the one to spoil the party, but someone has to say this too that as things are going well now, you should also plan for when your business increases and the number of persons paying you with cryptocurrency increase. You should also be able to anticipate potential challenges you will face with cryptocurrency when your business increases so you can be best prepared to sort them out.
Everything comes with a challenge, But we will see what happens. I am not afraid to accept some challenge.
Binance pay is best option because it's totally instant and without of any cost.
It is, but you need to know that nothing comes for free. That's why I am concern to use it. But until I can use private wallet perfectly, I will have to stick to it.
This is an expected concern for a business who are having a tight cash flow. Anyway, does Binance Pay does not have a feature to accept FIAT payment settlements? Other third-party payment gateway services have a direct crypto-FIAT conversion, maybe if you consider other options for the payment gateway, you can utilize that features in the meantime. For example, Bitpay[1] and Coinbase Commerce[2] have the feature.
[1]
https://bitpay.com/business[2]
https://www.coinbase.com/commerceThank you
It is good to see someone including crypto as a payment system. I have read your previous post too. You are doing a great work for the community. Hope you will expand the business more and establish a good ecosystem where you can take crypto as the main source of payment. Till the day arrives.
Thanks mate.
We eat a lot of rice here but lately prices have gone so crazy most people buying smuggled ones but of course with quality that's scary to trust (so I don't do that as I'm afraid of what's in it).
Maybe I can deliver. Kindly let me know your address. If you are concern to disclose your address, then DM me.
I don't think I skipped it, because I didn't see it in the OP, but what payment system are you using?
You can see that in the first post linked in this post. if you are not interested to see that the ill say it here. Binance Pay. All crypto are accepted
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Thank you.
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Thanks a lot mate
Increasing the adoption of cryptocurrency - Yes, spreading btc adoption - I doubt that since the OP is not exactly accepting btc directly yet.
It will be done shortly. working on it.
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Thanks for the positive vibe. means a lot man.