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.