September 25, 2018

Does anyone accept Bitcoin as payments

Not an everyday maker issue but I am planning on accepting Bitcoin as payment for my app the problem, how to convert it into fiat. Is there any company that sends USD in case you are not registered in that country. Can i get my BTC convert from EU from Dubai for example ?


  1. 2

    Try uphold.com

    Is what freelancers in Venezuela use to receive payments. It works with a lot of different currencies and you can even set it to automatically convert any income into your preferred currency.

    For example, you can set all your bitcoin payments convert to usd instantly.

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      Wow, thanks man. Looks like what m looking for. Will dig deeper.

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    Not sure about your particular crypto-fiat conversion use case, but for cryptotxalert.com I used the most strait-laced service out there to accept crypto as payment: Coinbase Commerce (https://commerce.coinbase.com/)

    Behind the scenes, Coinbase Commerce simply facilitates the transaction of all received crypto into a wallet you control (they don't hold custody). Because you have total control, you can use whatever crypto-fiat gateway thereafter.

    Hope that helps!

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      Accepting part i know the issue is converting thereafter! Coinbase is not allowing to sell BTC in country like india. Its valid in Most EU country and US.

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        You may have missed the key point I was making, that Coinbase Commerce (separate from the retail product) is a non-custodial solution, and they simply facilitate crypto payments to a wallet that only you have control over (i.e. they don't hold private keys).

        Again, I'm not familiar with all of your local rules and regulations, but it would seem to me that once you have the crypto in hand, you can transfer it to any exchange that allows you to convert back to fiat.

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          Thanks Mike, i got you point.

          I am still looking for the second issue solution.

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    https://www.producthunt.com/my/upcoming/tradeplan-io

    This is the project BTW, please do sign up and feel free to ask any questions.

  4. 1

    Plenty of payment providers allow payments in Bitcoin or other crypto.

    The primary issue I see is that you can't really setup recurring payments this way, which a lot of companies rely on (MRR).

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      The issue is receiving the fiat money across countries. If i have Bitcoin in india, i dont know any option were some provider send the USD to your indian bank account !

      As far as recurring is concerned i am thinking of offering a killer offer after the first month and take the money for a few months in advance. Plus if what your providing is good please wont mind paying recurringly. You can auto remind them 5 days before the end of the month or something.

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        I'm confused why do you want USD to your indian bank account?

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          I dont mind any currency, USD was a example. basically i want to convert BTC to Local fiat for expenses.

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      This comment was deleted 9 days ago.