How do they managed ?

[~speedx~]

I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?

[Ever-young]

Some of the major business which accept bitcoin and other volatile cryptocurrencies as means of payment for the goods are big business who are not moved by those little price drop and they don’t use all they make out from the business at the end of the month to pay all salary and replace refill the store most of the sales are also going into their reserve account and the payment which are receive with bitcoin and other currency can serve as that reverse for the company which I believe they have already put such into consideration before starting to accept bitcoin.

[darkangel11]

Do they all use the gateway to exchange those for stable coins or do they hold that?

Many of these companies accept prepaid gift cards, which is probably the safest way for them to transact in bitcoin. A  gift card means immediate inflow of money for the company, since many people buy but don't register them in online stores until they actually need to make a purchase, so a company can get the money instantly, but the actual transaction might take place a year later. It's like getting a 0% loan.
They also use payment processors that convert your bitcoin to USD using popular exchanges like Binance. Nowadays there's almost 0 risk involved in accepting bitcoin.

[Potato Chips]

Many are using payment processors that allows them to automatically convert bitcoin to fiat. Of couse, I imagine some merchants may also keep their bitcoins for a while as they see fit especially those using self hosted ones but they're probably the minority.

If you're interested in these payment processors, list here: https://github.com/alexk111/awesome-bitcoin-payment-processors

[wallet4bitcoin]

I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?

I consider the OP as one of the major points that has dampened the massive adoption of blockchain as a payment solution.

The volatility in price is really a challenge for small scale businesses. Not all of them are aware of usdt, they only hear about Bitcoin and their confidence is built around it but they dare not integrate Bitcoin into their businesses as they consider the volatility a possible disadvantage to the businesses they run. Who covers for the negative values that might be lost in the event of a drop in Bitcoin paid, most times, these negative values are significant in the net profit calculations.

[Fara Chan]

I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?

Business companies in this world that have accepted Bitcoin and cryptocurrency as payment are also quite aware of the high volatility contained in Bitcoin. So this has really been considered beforehand when company owners want to make payments in Bitcoin or cryptocurrency within their company. You should also think that the company owners who are willing to accept Bitcoin as payment are not people who have no knowledge of Bitcoin.

But they are all people who already have more knowledge about cryptocurrencies and are no longer afraid of the high volatility that exists in Bitcoin. Apart from that, companies can also get more profits when an increasing price trend begins to occur in Bitcoin, while when the market trend is worsening, companies can also make temporary exchanges with stablecoins so as not to experience a depreciation in the value of the assets they have acquired.

[franky1]

prices dont usually move 10% in an hour, so businesses convert product $$ price to btc price +5%
thus buffering the risk for the time they might need to get the coin then convert back to $$

most businesses though are not asking for btc just to convert back to $$ to cover $$ cost of goods
they are instead willing to buy goods wholesale to then get btc and keep btc

EG imagine milk farmer pasteurises milk for $0.80(0.00001921) a litre, but retails for $1.10(0.00002630)

if they price milk at 0.00002630+5% to cover any 1 hour wiggles before they convert back to fiat
they are pricing at 0.00002762 meaning they can make upto 35cents per litre after converting(1.15-0.80)

or they can just get 0.00002630($1.10) and keep it as bitcoin knowing it only cost them $0.80 to get 1.10 worth of btc

[SOKO-DEKE]

I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?

Companies that accept Bitcoin or other cryptocurrencies as payment frequently put these digital assets' inherent volatility into account by implementing various strategies. Using payment processors or gateways that quickly convert acquired cryptocurrencies into stable coins or conventional fiat money is one popular strategy. This conversion happens practically instantly, protecting the company from possible losses brought on by abrupt changes in pricing. On the other hand, some businesses decide to hold onto some of the cryptocurrency they get in order to capitalize on their possible growth.

On the other hand, some businesses decide to hold onto some of the cryptocurrency they get in order to capitalize on their possible growth. Stability and speculative possibility are balanced by this dual technique of keeping a percentage for prospective gains and converting immediately to reduce risk. To further protect their earnings, some businesses may also use financial instruments like futures or options contracts as a hedge against price fluctuations. In the end, the precise methods differ, and companies customize their approaches to accepting cryptocurrencies according to their risk appetite, the state of the market, and their long-term goals for digital assets.

[Agbe]

Accepting Bitcoin is in their business is one of the core mandates of Bitcoin creation I think someone has Said this before. When Businesses accept Bitcoin they also follow the trend and the news around it. And the price of their goods and services are also follow the volatility. If Bitcoin price is high they also adjust the price to suit the product and when the price comes down they do the same to suit the product and services so they are always on the track. And I think they make more profit than the normal business owners that accept only fiat because when they sell something when Bitcoin is low, the person would pay it with higher units to balance the price and if that Bitcoin is there until the bull market then they will make more profit both from the product and from the Bitcoin. Therefore accepting Bitcoin is a very good business.

[Zlantann]

I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?

We can only speculate because we don't know how some of these businesses run their finance. But from the information I got from a friend who accepts Bitcoin as payment, he converts the coin to stablecoins like USDT. Converting the coin to USD helps him beat the volatility of Bitcoin. I also suspect that some business that has backup funds to run the business could also decide to hodl the Bitcoin they receive as payments. However, this might not be advisable for firms that depend solely on sales to run the business.       

Accepting Bitcoin is in their business is one of the core mandates of Bitcoin creation I think someone has Said this before. When Businesses accept Bitcoin they also follow the trend and the news around it. And the price of their goods and services are also follow the volatility. If Bitcoin price is high they also adjust the price to suit the product and when the price comes down they do the same to suit the product and services so they are always on the track. And I think they make money profit than the normal business owners that accept only fiat because when they sell something when Bitcoin is low, the person would pay it with higher units to balance the price and if that Bitcoin is there until the bull market then they will make more profit both from the product and from the Bitcoin. Therefore accepting Bitcoin is a very good business.

These businesses that accept Bitcoin will indeed make a profit if the price of the coin appreciates. But the question now is what happens if the price of Bitcoin depreciates? These businesses will definitely lose money and might not even have enough funds to restock what they have sold. The bottom line is that receiving Bitcoin payments is innovative but small businesses might not afford to bear the consequences.     

[The Cryptovator]

It really depends on merchants how they will handle their payment gateway. As far as I know, major merchants use exchanges to secure Bitcoin's volatility to avoid losses. Some others, who are really interested in holding Bitcoin, accept it directly. Especially big companies don't want to risk their funds by accepting direct cryptocurrency, so they integrate exchange APIs to convert Bitcoin to stable coins. There are a lot of options when using a crypto payment gateway. It's up to companies which options fit for them. Nothing serious here.

[Easteregg69]

They overprice the products. You try buy a computer with BTC lately? You get old garbage at 25-300% extra price. The infinite shelf-life products nice. Trezor wallet and vpn's excepted.

[Faisal2202]

I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?

I think those who use BTC or other crypto tokens as payment methods, have enough funds to run there business for like 1 or 2 years, because if they would be so dependent on the earnings they are making monthly or weekly then if all of the funds are coming in the form of BTC and BTC if dumped the next day and remain in the same state for like 1 month, then they should have enough funds to run the store for such a period of time.

That's why I thought, they should have enough liquidity to keep the store in running state, and the store owners also make profits on the BTC orr other tokens, if they started to go up, or these store owners might convert these tokens into stable currency as soon as they received them. They would have adopted any method that suits them or there business model the best.

[passwordnow]

I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?

Yes, it's likely that they use instant exchanges with the payments that they receive and it's possible with third party services like bitpay. Wherein, a person pays the businessman bitcoin and then the owner can easily exchange that to whichever crypto or fiat that it is being supported and favored by him. If they want to receive it directly with Bitcoin, they don't have to do anything but just accept it through their wallet unless they just want to take advantage of having another payment method.

The former is what they have to do and many businesses are enjoying doing so like having to add the privilege the logo of having "Bitcoin accepted here" is like a cypherpunk business guy, right? 

It is not requiring rocket science for them to understand on how to manage, receive and exchange payments in Bitcoin with the help of those services.

[2Pizza410000BTC]

I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?

All the big business organizations in the world that have launched Bitcoin or Cryptocurrency transactions have considerable experience with Bitcoin or Cryptocurrency. They introduced Bitcoin transactions to businesses knowing and accepting the volatility of the market. Their business platform is not small, they are not affected by the ups and downs of the Bitcoin market, and even if they are affected, they still have a lot of profit when the market goes up. There are also some businesses that trade bitcoins throughout the day and convert them to stablecoins at the end of the day.

[Assface16678]

For those business you will notice an increase in price well it because they need an adjustment becauss of the volatility of the market or bitcoin so they need to adjust the price plus the transaction fees when transferring one wallet to another they can either share with the fees or the customer will shoulder it all, that's why implementing the payment method of crypto currency should be planned thoroughly because they should think of the area where is going to be affected by the volatility of the coin, some business owner maybe accepts crypto currency payment beas their investments, accept the coin and they hold it until the price of the market increases so amother or extra profit for them. But from my view, I don't think that paying using my assets is a good thing because, as I said, if the coin that I pay increases in price, then they are the ones who will benefit.

[Dr.Bitcoin_Strange]

If you read my thread, you will understand the strategy that I use that doesn't cause me any trouble with price volatility. Other users might have their own strategy, which might be quite different from my own, but I think that the best strategy for accepting Bitcoin payments is to convert from Bitcoin to Fiat after you have received the payment.

Each time I receive payment in Bitcoin or in any other cryptocurrency like BNB, I usually leave my profit in Bitcoin and then convert the rest to Fiat to avoid losing some money due to volatility.

For example, if I made a total sale of $3000 in a day and all the payment was received in Bitcoin, at the end of that day, if my profit was $300, I would then convert $2700 into Fiat so that if perhaps the price of Bitcoin falls, it will not affect my capital. Sometimes too, I don't just quickly convert from Bitcoin to Fiat; I can decide to wait a day to see if the price of Bitcoin can increase to give me more profit.

[fuguebtc]

Accepting Bitcoin is in their business is one of the core mandates of Bitcoin creation I think someone has Said this before. When Businesses accept Bitcoin they also follow the trend and the news around it. And the price of their goods and services are also follow the volatility. If Bitcoin price is high they also adjust the price to suit the product and when the price comes down they do the same to suit the product and services so they are always on the track. And I think they make money profit than the normal business owners that accept only fiat because when they sell something when Bitcoin is low, the person would pay it with higher units to balance the price and if that Bitcoin is there until the bull market then they will make more profit both from the product and from the Bitcoin. Therefore accepting Bitcoin is a very good business.

Agreed that if the price of bitcoin increases, stores that accept bitcoin will have more profit from that price increase, but what if the price of bitcoin decreases? Bitcoin is very volatile, it can increase 10%-20% or it can also decrease 20%-30% in value. So, don't always talk about price increases without talking about bitcoin price decreases. Just like when bitcoin ETFs were approved, bitcoin dropped from $48k to $42k in just a few days, if you were a business owner, how would you handle it to ensure profits for your business? 

I'm also curious about this problem and hope someone who is a business owner and accepts bitcoin can tell us what the solution is. don't guess when we don't have experience with it.

[alankasman]

I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?

Large companies operating in the business sector realize that crypto assets have high volatility in prices but they have calculated the profits they will gain by accepting payments using Bitcoin and cryptocurrency.

The company has a structure that is responsible for each field. In the section in question, they will probably monitor Bitcoin and cryptocurrency price movements. Usually within 24 hours, there is always a percent increase in price, even in small amounts.
If there are always transactions every day with payments using Bitcoin and cryptocurrency, then the company can make a profit.
For companies whose focus is on making Bitcoin and cryptocurrency an investment asset, they can easily get it.

[aTriz]

I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?

they charge according to the live market rates. for example if they are selling a product worth $100. they charge equal amount of BTC in current price.. and to save themselves from any lose of crypto volatility, they immediately convert their crypto into fiat or into a stable coin.
I don't think any businesses accepting Bitcoin payment would hold bitcoins. maybe they HOLD profits only. but not all of them.

[Jawhead999]

As long as the company is serving to every country this world, paying in cryptocurrency is actually the best choice since it's cheaper and faster than banks or international payment processor. If people are scared with volatility, they can use stablecoin to overcome that.

If the country isn't accepting Bitcoin as legal tender, it means they will convert the coins to fiat using third party.

[stompix]

If you read my thread, you will understand the strategy that I use that doesn't cause me any trouble with price volatility. Other users might have their own strategy, which might be quite different from my own, but I think that the best strategy for accepting Bitcoin payments is to convert from Bitcoin to Fiat after you have received the payment.

Large companies with a ton of payments can't afford to sit and wait, a 5% drop when you're taking 0.5% margin would mean you need to basically pay for all the infrastructure and wages and everything for 10 days just to cover that drop, imagine Walmart doing this on a few billions a day!

But in short there are basically two large types of merchants:
Little business with small BTC payments that have a few clients a day and threat the BTC investment as they would have bought it at the exact time with their own cash
Companies with higher turn-overs that simply add a payment processor that accepts Bitcoin which usually has multiple accounts on exchanges, filled up with coins so the moment your payment goes through the exact same amount is being sold on an exchange for $, so  previously
- you had some coins, the processing company had some coins on an exchange the merchant had the goods
- now you have the goods, the payment gateway got your coins, the coins on the exchange are being sold and the fiat is handed to the merchant
And all this happens in seconds, the volatility is so little it's of no concern!

Of course there are more variances but the biggest chunk act like this!

And I think they make money profit than the normal business owners that accept only fiat because when they sell something when Bitcoin is low, the person would pay it with higher units to balance the price and if that Bitcoin is there until the bull market then they will make more profit both from the product and from the Bitcoin. Therefore accepting Bitcoin is a very good business.

So why are there no real large chain selling goods for bitcoin and the largest companies that do so accept to a gateway that converts it to fiat instantly?
Maybe because it can bankrupt you when it goes the other way around?

As long as the company is serving to every country this world, paying in cryptocurrency is actually the best choice since it's cheaper and faster than banks or international payment processor.

You're telling me Bitcoin payments are cheaper and faster than Visa?  Common! Let's be serious!
We're talking on this forum about the huge the fees for signatures payments and you come with this?

[Awaklara]

Some of the major business which accept bitcoin and other volatile cryptocurrencies as means of payment for the goods are big business who are not moved by those little price drop and they don’t use all they make out from the business at the end of the month to pay all salary and replace refill the store most of the sales are also going into their reserve account and the payment which are receive with bitcoin and other currency can serve as that reverse for the company which I believe they have already put such into consideration before starting to accept bitcoin.

That means business people use other money first to carry out their business operations. and leave the Bitcoin or other crypto assets they receive. That also makes sense, because business suppliers do not necessarily accept Bitcoin. and business people must prepare reserve funds to run their businesses when Bitcoin and other accepted crypto assets can be converted to stable assets or even fiat if the price allows it.

but for large business people, I am sure they are already planning to use Bitcoin and other crypto assets as a means of payment. Of course, they will also ask the supplier to accept Bitcoin or certain crypto assets to make their business relationships easier.

[Webetcoins]

I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?

It depends on the business owner/individual that is accepting cryptocurrencies as payment against their products or services whether they want to keep the coins or get them exchanged for a stablecoin right after they are received. Most businesses and individuals, running small businesses and offering the facility to their customers to be able to pay with cryptocurrencies, use payment gateways or services that allow them to convert the received coins and tokens to either stablecoins or fiat currency.

If a store owner or an individual service provider decides to keep the coins and tokens for themselves instead of swapping them immediately, they take responsibility for the loss that might incur in case the coin or token they are receiving loses value while those who swap them immediately remove the risk of losing value on their asset.

[bayu7adi]

I consider the OP as one of the major points that has dampened the massive adoption of blockchain as a payment solution.

The volatility in price is really a challenge for small scale businesses. Not all of them are aware of usdt, they only hear about Bitcoin and their confidence is built around it but they dare not integrate Bitcoin into their businesses as they consider the volatility a possible disadvantage to the businesses they run. Who covers for the negative values that might be lost in the event of a drop in Bitcoin paid, most times, these negative values are significant in the net profit calculations.

Couldn't they make instant trade by exchanging cryptocurrency that sellers accept as payment using a payment gateway like Coingate? I think another barrier that might be a major issue is that very few people accept Bitcoin payments in their stores due to the small number of Bitcoin users worldwide.

We have to admit that there aren't many Bitcoin users yet (when compared with the most common medium of exchange, FIAT) , although it's progressing. But right now, not all businesses find it effective to use Bitcoin as a payment tool. I'm not downplaying Bitcoin, but I'm just confident that paper money will phase out in the next few years, replaced by digital currency, and Bitcoin might find its place during that transition period.

Someday we will enter a time where small shops will consciously adopt digital currency, and cryptocurrency will become stronger because it is digital too.

[NNRR]

Since various big institutions or traders have cryptocurrency payment gateways, they have made this effort with Ricks because they know how volatility works in the market, whenever the market fluctuates, they have done it knowingly, they have assumed that they may sell their holdings at a higher price.

[0t3p0t]

Many are using payment processors that allows them to automatically convert bitcoin to fiat.

Indeed and I am one of those who use this kind of payment method way back 2017 wherein weekly Bitcoin rewards from signature campaigns were automatically be converted to my local currency and that is for me the best way to dodge the risk of volatility. And since our local Bitcoin wallet does not support bech32 I stop using it for now as signature campaigns requires a bech32 address.

[AVE5]

Every organisations that its goal is to be financially be profited which accepts Bitcoin is assumed that they understands the potential values of Bitcoin that it is not only an alternative source for transactions but also for source of investments that proffers incomes with the volatility reverse biased and forward biased of the Coins.
Hence who accepts Bitcoin is usually in for investment because you would tend to recover or make profits in the space at when you know the markets system is unstable else there could be depreciative lost of funds at the falling of the marketing.
So, possibly they could accumulate, hodl to creating an alternative impactive sources to make incomes while accepting crytop all along.

[Wexnident]

They probably either A, overprice the products, or B, just keep the Bitcoin as is and not convert it to fiat immediately. The margin for overpricing would probably depend on the average movement of the price and if they have a bit of knowhow, make the price adjustments automatically based on the past 24H changes which change with every 1H interval. Pretty doable if you know a bit and if not, can hire some hands to help with it.

For the latter, well, it's like what it sounds. They probably just consider whatever amount that goes into their Bitcoin wallet as a funnel for their investment from their store sales or something since not all sales are done with crypto most likely in the first place.

[Outhue]

It depends on those who are accepting Bitcoin, I suspect that most of them will change the Bitcoin back to stable coin instantly right after the transaction is successful while some will want to hold, this is something I use to do before the high transaction fee made me stop, right now I prefer accepting Fiat and use that to buy some Bitcoin on Binance until I am ready to move the Bitcoin back into my hardware wallet.

Right now, my customers who are used to paying me with Bitcoin have changed their minds since the high transaction fee on Bitcoin Network, it's pretty hard to accept Bitcoin as means of payment now because many customers wont be ready to pay you using Bitcoin, they would rather use other means and hold their Bitcoin.

Bitcoin as a payment option only makes sense if the product they want to buy is very high in value, like in thousand of dollars then using $10 per transaction will be good or even more, but trying to buy anything in the hundred of dollars makes no sense to many and I don't blame them.

[legendbtc]

As long as the company is serving to every country this world, paying in cryptocurrency is actually the best choice since it's cheaper and faster than banks or international payment processor. If people are scared with volatility, they can use stablecoin to overcome that.

If the country isn't accepting Bitcoin as legal tender, it means they will convert the coins to fiat using third party.

I don't think bitcoin's transaction fees are cheaper and faster than bank payments and not even comparable to cash. You won't even incur any additional transaction fees if you use cash to pay at stores near your area. For example, I will not incur additional transaction fees when buying chicken feet and coke at KFC with a bank card or cash, and I will quickly complete the transaction without having to wait. Bitcoin is indeed superior to fiat money and banks, but it is not comprehensive in every way, we accept that fact.

[BITCOIN4X]

I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?

No one tells us how they do it, it all depends on what the adopter's goals are.
If it were me, maybe I would hold it and not sell it until a certain time limit or at least when I make a profit instead of immediately converting it into fiat. This is a double opportunity to earn profits in addition to profits from the goods I sell. It's just that you still have to have a reserve budget to cover your business needs so that it continues to run according to plan.

There are risks to consider regardless of what decision the adopter makes, so it's up to them to do it as long as it's good for their business. Selling immediately or holding bitcoin long term is fine as long as they believe it is best to keep their business running.

[Abu-Naim]

I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?

Some of these business owners are bitcoin investors who are willing to hold more bitcoin in their wallets, which is why they are unconcerned about volatility because most of them have a target to meet, most likely through their DCA method of buying, and once they meet their target, they either stop for a period of time; or they make bitcoin payment optional and use their money to run the business while still holding bitcoin. Some people simply follow trends without understanding the risks involved, which is why some fail along their way.
Some of them use their personal bitcoin wallets to receive the funds and keep running their business.

[alankasman]

No one tells us how they do it, it all depends on what the adopter's goals are.
If it were me, maybe I would hold it and not sell it until a certain time limit or at least when I make a profit instead of immediately converting it into fiat. This is a double opportunity to earn profits in addition to profits from the goods I sell. It's just that you still have to have a reserve budget to cover your business needs so that it continues to run according to plan.

My view is how they do it by playing the roles of each part as stated in the structure that covers that part. Now that I think about it, probably no company would tell us how they do it.
I also have the view that large companies that accept Bitcoin and cryptocurrency as a means of payment, they use it as an investment asset that is obtained consistently through this channel without having to buy on an exchange.

What I mean by companies that accept Bitcoin as a means of payment for investment assets are large companies that have sufficient financial reserves to cover other needs for capital. I don't mean other small businesses here, although some accept Bitcoin payments.

[umbara ardian]

It's fascinating to see the different strategies businesses employ to navigate this dynamic landscape, each seeking a balance between risk and reward. The immediate conversion to stablecoins or fiat approach prioritizes stability and predictability. For businesses reliant on consistent cash flow, minimizing exposure to price swings is crucial. By converting crypto instantly, they avoid potential losses while still capturing the benefits of attracting crypto-paying customers.

However, the dual approach of holding a portion for potential gain adds an element of speculation. This strategy acknowledges the potential appreciation of cryptocurrency and attempts to leverage its long-term growth. Companies willing to take on this risk can potentially reap significant rewards if the market takes a favorable turn.

[milewilda]

I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?

Yes, they would really be definitely be having those payment partners or processors on which they do accept out crypto but recieving on would really be converted it to fiat on which
this is something that we would really be knowing about on which those businesses wont really be that too confident on storing or accumulating or keeping up those in crypto form
on which considering on the volatility of this asset or coin then it would really be that understandable that they would really be that having that kind of securing out their profits
on which its not already shocking on having this way. It would really be that impossible that they wouldnt really be able on having at least wary about those things
that they would really be seeing that it could really be able to affect out in overall profitability due to volatility. Of course they would really be that assuring out
that they wont really be that affected.

[reagansimms]

I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?

No one tells us how they do it, it all depends on what the adopter's goals are.
If it were me, maybe I would hold it and not sell it until a certain time limit or at least when I make a profit instead of immediately converting it into fiat. This is a double opportunity to earn profits in addition to profits from the goods I sell. It's just that you still have to have a reserve budget to cover your business needs so that it continues to run according to plan.

There are risks to consider regardless of what decision the adopter makes, so it's up to them to do it as long as it's good for their business. Selling immediately or holding bitcoin long term is fine as long as they believe it is best to keep their business running.

What is clear is that the goal is to make a double profit, apart from making a profit from the goods sold, they can also make a profit when the price of Bitcoin has soared. In theory they don't need to bother buying Bitcoin, this advantage can make it easier for them to collect Bitcoin without having to go directly to the market.

In business there are always risks that need to be considered, those who accept Bitcoin as a payment medium have considered the risks involved. The percentage ratio of risk is smaller than the profit obtained based on their research on Bitcoin resistance to pressure pressing from various directions, makes them very confident in the marketing strategies used in business.

[Kuntus]

In my humble opinion, as we can not really tell how they do it except we own and run our own businesses.  I would say that before companies decide to receive payment in bitcoin there are measure they must have put in place, given the fact that they know the volatile state of bitcoin, by this I mean they could consider converting BTC into stablecoins, or even hodl to earn more when pricing increases. The decision remains theirs to decide how it would benefit their companies.

[Natsuu]

Businesses accepting crypto usually use payment processors that quickly turn the crypto into regular money, reducing the impact of price swings. While some might keep a bit in crypto, most aim to convert it to avoid dealing with market ups and downs.

[peter0425]

I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?

Some of the companies I knew that accepts crypto are offering services meaning there is no need to circulate as fiat and they can just keep holding those cryptos and cover their expenses from those customers that pays fiat , meaning they can carry much crypto in their pocket without carrying about the volatility .

[Peanutswar]

Companies or organizations accepting bitcoin knows already the possible chance of loss due to market volatility, seems like they are exchanging immediately those assets into fiat or stable coins to make sure to their net income is still good while supporting BTC as a payment method, and still, people have the option to accept another form of payment but still people need to consider the markets activity imagine you make a transaction with the BTC to buy items and still there's no confirmation at least but you already sent the funds it takes a lot of time consumes possible to get the item you bought and to get paid in the counter due to market congested.

[Minor Miner]

I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?

No one tells us how they do it, it all depends on what the adopter's goals are.
If it were me, maybe I would hold it and not sell it until a certain time limit or at least when I make a profit instead of immediately converting it into fiat. This is a double opportunity to earn profits in addition to profits from the goods I sell. It's just that you still have to have a reserve budget to cover your business needs so that it continues to run according to plan.

There are risks to consider regardless of what decision the adopter makes, so it's up to them to do it as long as it's good for their business. Selling immediately or holding bitcoin long term is fine as long as they believe it is best to keep their business running.

What is clear is that the goal is to make a double profit, apart from making a profit from the goods sold, they can also make a profit when the price of Bitcoin has soared. In theory they don't need to bother buying Bitcoin, this advantage can make it easier for them to collect Bitcoin without having to go directly to the market.

In business there are always risks that need to be considered, those who accept Bitcoin as a payment medium have considered the risks involved. The percentage ratio of risk is smaller than the profit obtained based on their research on Bitcoin resistance to pressure pressing from various directions, makes them very confident in the marketing strategies used in business.

I do not agree with your thinking, I do not think that accepting bitcoin payments is for the purpose of increasing profits from bitcoin, but they want to diversify payment methods to increase the number of customers significantly. Additionally, if they really want to invest in bitcoin, investing in bitcoin directly is much better instead of accumulating bitcoin by accepting payments. There are too many problems to solve if we want to accumulate bitcoins by collecting them from businesses. Incorporating bitcoin investments into your business is no different than taking your everyday spending money to invest in bitcoin, and we always consider it a bad idea,IMO.

Let's do a small example: if you received payments when bitcoin was priced at 48k last week and now the bitcoin price is under $39k. And if bitcoin continues to drop to $25k, where will you get the money to supplement your business budget? How can you think that the risk ratio will be low using this method? By the way, do you own a business that accepts bitcoin?

[Miles2006]

Since you used business as a reference, I believe those business cannot hold each bitcoin sent or rather they'll sell cause demand never seems to end and just imagine you keep holding bitcoin what will you use to buy the goods, note you're dealing with business not personal use, I believe each time they get paid with bitcoin they convert the bitcoin to fiat to be able to rebuy those goods.
Hardly I see small shops accepting bitcoin and mostly supermarket that accept bitcoin as a means of payment so you don't have to worry seeing a mall or supermarket accepting bitcoin, in any situation where you see a little shop accepting bitcoin then the person is a bitcoin enthusiast and they also have some strategy of handling such.

[Onyeeze]

I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?

we are even predicting that in future bitcoin will be generally been acceptable because it is something that I have a very big Legacy so many companies would like to embrace Bitcoin and also ensure that a Bitcoin will help them to survive or to rise whenever they have a downfall because of what bitcoin is all about,so therefore companies will accept bitcoin and that will make the adoption of bitcoin to change from what it's now to another.

[pawanjain]

I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?

There are only 2 ways to get around this.

1. Exchange crypto to fiat on regular basis so that fiat value doesn't change much.
2. Keep holding until you are in profit and then exchange to fiat.

Depending on the individual's preference they can opt for any.

[yazher]

We might not know but it looks like they have lots of extra income to cover their loss also they already calculated all of what would happen if the result failed and the conclusions would still be best for them to accept bitcoins as mean payments in their companies. Nevertheless, all they have already predicted is profit while doing it and they also want to be one of the major holders of bitcoin while accumulating it from their sales throughout the years. Since others are already doing it, the short explanations as to why and how they able to manage it, because they don't want to be left behind especially if it's come to earning more money.

[Shamm]

I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?

There are only 2 ways to get around this.

1. Exchange crypto to fiat on regular basis so that fiat value doesn't change much.
2. Keep holding until you are in profit and then exchange to fiat.

Depending on the individual's preference they can opt for any.

Yeah and that's the reason why other businessman and businesswoman are too successful cause they are accepting bitcoins for the mood of payment which is pretty good enough cause they can hold the Bitcoin until the price will go up higher and then the merchant get another income for the prices going up. But for me it's hard to do it cause we all know that Bitcoin is for long term so there's a chance that you can not hold all your Bitcoins from the buyers cause you need to roll out your capital in order to grow your business.

[tygeade]

It depends on those who are accepting Bitcoin, I suspect that most of them will change the Bitcoin back to stable coin instantly right after the transaction is successful while some will want to hold, this is something I use to do before the high transaction fee made me stop, right now I prefer accepting Fiat and use that to buy some Bitcoin on Binance until I am ready to move the Bitcoin back into my hardware wallet.

Right now, my customers who are used to paying me with Bitcoin have changed their minds since the high transaction fee on Bitcoin Network, it's pretty hard to accept Bitcoin as means of payment now because many customers wont be ready to pay you using Bitcoin, they would rather use other means and hold their Bitcoin.

Bitcoin as a payment option only makes sense if the product they want to buy is very high in value, like in thousand of dollars then using $10 per transaction will be good or even more, but trying to buy anything in the hundred of dollars makes no sense to many and I don't blame them.

You could very well accept bitcoin directly into your exchange account, which means that you would be able to actually make any type of situation that would be just trading fee. If you get bitcoin to your binance account for example, you can trade between btc to usdt right away, and pay a very very few tiny amount for trading fee, insignificant amount to you, and you will be fine. I am not saying they all do that, I am just saying that this is one of the possibilities and shouldn't really be a trouble.

I believe that the best thing we could do at this moment would be just realizing that we are going to end up with a greater return one way or another, and should keep it going as much as we possibly could go for as long as possible.

[Hyphen(-)]

Companies or organizations accepting bitcoin knows already the possible chance of loss due to market volatility, seems like they are exchanging immediately those assets into fiat or stable coins to make sure to their net income is still good while supporting BTC as a payment method, and still, people have the option to accept another form of payment but still people need to consider the markets activity imagine you make a transaction with the BTC to buy items and still there's no confirmation at least but you already sent the funds it takes a lot of time consumes possible to get the item you bought and to get paid in the counter due to market congested.

If they will convert the Bitcoin to fiat or stable coin like USDT then why are they accepting the BTC payment method? and why not just accept fiat if they will convert it to fiat immediately?

We cannot completely say that this is why most companies accept BTC payments, but we can predict based on our points of view.
Bitcoin price is volatile and everybody knows, these companies accepting BTC payments are probably into bitcoin investment so that they will use that method to accumulate their desire for Bitcoin instead of going through p2p or going to centralized exchanges to expose their privacy. They will have extra money for their business to replace all the payments that are been made through the Bitcoin payment method to hold the BTC they accumulated.

Small-scale businesses without big capital may not survive this BTC payment method especially due to network congestion, market volatility, and price instability.If such businesses accept the BTC payment method, they will end up selling the bitcoin immediately to keep the business moving, and doing so might affect their business because the Bitcoin price might drop down before they sell.

[kryptqnick]

I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?

There are indeed a lot of strategies here. I think the most common option I've seen is using a payment system that instantly converts the payment back to fiat. This way, a customer can pay in Bitcoin, but the business gets fiat and keeps everything in fiat. Some, of course, allow themselves a little diversification, keeping some funds in Bitcoin and considering it an investment. That can also work quite well, considering that Bitcoin tends to eventually recover from the bear markets. I've also seen some companies keeping their budget in Bitcoin, but those were small businesses, and I do think that's too risky.

[Zoomic]

I believe any company or organisation who decides to accept Bitcoin as a means of payment already knows what is at stake and how to go about it. If Bitcoin payments was giving them issues, they would have scrapped the idea out immediately. It will be very difficult for small businesses to succeed with Bitcoin as a means of payment, considering the price volatility of Bitcoin, except the business owner just wants to gather Bitcoins temporary for holding while running his day to day business with Fiat.

For big organisations,  they can actually do this without feeling the impact. It's either they hold Bitcoins in their reserves or convert to Fiat immediately since the value the customers will be paying in Bitcoin will be same in Fiat.

[Asiska02]

I see many business companies in the world are currently accepting Bitcoin or cryptocurrency as payment. We all know that cryptocurrency is associated with high volatilities, now I have a curious mind, how do they cover up by accepting these high volatility coins?
Do they all use the gateway to exchange those for stable coins or do they hold that?

Any company accepting bitcoin as a means of payment must have thought about it, the volatility nature of the market and how it will affect their business if the price of bitcoin keeps depreciating. Big companies that have large inflow of money in and out won’t be affected by the little volatilities we see in the market as it will not have enough impact on their total funds saved in bitcoin.

I am sure they have different strategy on how to still get their profits at the end of the business after collecting payment in bitcoin. This is something that needs an expert to know how to play around with the market and also the crypto market to arrive at a good profit at the end of the day. Collecting bitcoin through exchanges, converting to stable coins and other methods can all be used in their own advantage if they know how to manage it well.