Should you accept bitcoin as a business owner?

Accepting bitcoin and other crypto payments as a business owner can keep your business competitive, open your business up to more customers and potentially lower your payment processing fees. For high-risk merchants who’ve been declined by traditional payment processors, accepting cryptocurrencies may be especially appealing.

What industries accept bitcoin?

The top five industries that accept Bitcoin are the Gambling, Tourism, Banking, Food, and Retail industries. With the biggest industry being Gambling. Believe it or not, 50% of all Bitcoin transactions are in online games, and further, many online casinos even encourage Bitcoin use.

Which Airlines accept bitcoin as payment for fares?

Latvian airline airBaltic became the first aviation company in the world to accept Bitcoin as payment for fares back in 2014. According to the company, it has processed more than 1,000 Bitcoin transactions since it launched the payment option seven years ago.

Is bitcoin a good investment?

Bitcoin-and cryptocurrencies in general-are volatile. If you accept them as a business owner, you’ll want to make sure you are converting your payment to U.S. dollars quickly or holding the crypto as part of a long-term investment plan. These payment gateways can convert your crypto payments to cash automatically.