Use cryptocurrency as a form of payment

[Yurii Sysak]

Do you use cryptocurrency as a form of payment?

 

[Graybeard]

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For general e-commerce Crypto use is VERY small in consumer transactions --we found.
Gambling casino programs seem to favor crypto payouts --but many clients fund (deposit) to their accounts with it.

 

[Yurii Sysak]

I agree with you. But now Binance Pay and WhitePay are connecting different e-commerce businesses in Ukraine such as Varus, Foxtrot, Stylus... It is quite a positive trend that is comfortable for buyers and beneficial for business owners at the same time.

A lot of casinos, hosting providers, VPN services, and watch stores accept cryptocurrency worldwide.

I found a website where everyone can find companies that take crypto. In this global platform, you can see places on the map or put your keyword on the search string to find companies.

 

[StevenTR99]

I think the reason why so many people like the idea of crypto being a future currency is because the transactions between two people can't be found and that way they can make illigal transactions but that's only a theory.

 

[Graybeard]

Cryptocurrency is an over hyped solution looking for a problem as far I am concerned.
I don't have to look for a business that I can make a payment with a commonly held bank card (VISA/MasterCard).
I don't like Jamie Diamond but his opinion of cryptocurrency as a protest form of payment is spot on.

 

[Yurii Sysak]

From my point of view, it is very useful paying for something with crypto when i have an account on crypto exchanges. I do not need to withdraw my crypto to fiat money with fees.

 

[PaidPoints]

Do you use cryptocurrency as a form of payment?

Yes we use crypto. It opens up opportunities for receiving earnings to all countries and locations especially those who have been blocked by the famous PayPal.

 

[Tidus]

Not yet, but in future i would like to try, but there are a lot of minuses, like all transactions are final, without opportunity for refund. I would really like to create some portal about crypto, although i do understand that in order to make people read i would need some audience and to achieve this i need to use help but gladly there may be some opportunities in this area

 

[Graybeard]

From my point of view, it is very useful

I can appreciate that but with crypto there is no recourse if you are in dispute --all sales final --no refunds unless the other party agrees --or you win a court judgement and can collect.

Paying cash on the internet is risky business in some cases. The credit card associations put a cap today of less 1% disputes that result in a chargeback on a vendor's merchant account. Downside is that the credit card associations have a lot of rules on 'high-risk' merchants and this raises the discount that the you pay as a seller/vendor. So, it cuts both ways ...

 

[samueyh]

Of course. Only with reliable people.

 

[cryptometre]

You can exchange cryptocurrency for fiat and use cash as usual. Our service helps with all cryptocurrency transactions, write to personal messages or to our Telegram.

 

[Grafomanishe]

im using bitfree for paying hetzner

 

[BuckIranl]

As an entrepreneur, I use cryptocurrency as a form of payment. I mainly operate on BitPay or Coinbase. The transactions are quick, simple, and with lower fees. This aspect can help small business owners keep more of their profit. I'm not a trader, though, so I don't know much about crypto. The finance department is taking care of the payments. However, I invested a few times based on market signals.

 

[proinvestmoney]

Do you use cryptocurrency as a form of payment?

Yes, now it is very convenient.

 

[T J Tutor]

Yes, now it is very convenient.

Only for those that provide it use, or have them for use. Less than 1% of the world's populations use bitcoin or digital currencies for transactions. An estimated 4.2% of the world is invested in bitcoin, but as investment only. Currently, of all digital currencies, the total is under $3Trillion.

• There is approximately US$ 40 trillion in physical money in circulation: this includes all the physical money and the money deposited in savings and checking accounts worldwide.
• Money in the form of assets, investments, and derivatives exceeds $1.3 quadrillion.

Digi coins still have a huge hill to climb and are still highly volatile.

In 2019 digi coins hit their peak at 3.37% of all transactions worldwide, but then we discovered in 2020 that 3.1% of that was for illegal transactions. Hence, now we know factually that less than 1% of the worlds digi coin transactions are in the lawfully conducted transactions.

 

[technofy]

yess verry good i use paxful have a lot option for buyer to pay

 

[Threeseba]

I've dabbled in using crypto for payments, and it's pretty convenient for certain things. However, security is a top concern. That's why I've been looking into an lately. It seems like a smart way to keep your digital assets safe in this evolving financial landscape.

 

[randomcash]

YES! I made a way for people to pay for one of my site with ETH. It was just a test. But it works!
I will add more options (Bitcoin/BNB etc...) soon that's for sure.

 

[MyProxies]

Yes, we accept most of cryptocurrency. It is a cost to convert but make customers life easier