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I'm not sure I follow what you're saying in the first two sentences? Neat to know that you can cash out immediately though; that makes more sense. Are the vend

I'm not sure I follow what you're saying in the first two sentences? Neat to know that you can cash out immediately though; that makes more sense. Are the vendors that accept BTC pricing their goods based on the current exchange rate for 1 BTC? ie. I price product A at $1500USD, I then say I accept BTC, so when someone puts it in the shopping cart it converts $1500USD to BTC and charges them that amount? Sorry, just not familiar and trying to figure out how it works. I haven't came across anyone that accepts BTC (although I haven't looked either).

ringaroundthetx 9y ago
Some vendors and some listing sites show at least two exchange rates. National currency and the cryptocurrency of choice. Stripe and Coinbase give the options of automatic conversion to the cryptocurrency exchange rate when displaying it. Some merchants, usually more established ones like Microsoft, Newegg, Namecheap, typically won't show the bitcoin price until you chose that option and they generate the timed invoice.
- stanmancan 9y ago
  Interesting, thanks!