5 ms·
The pricing part is explained in the FAQ, they are using a third-party so the state of Ohio never sees crypto. I assume that the exchange rate has the volatili
by alextheparrot 8y ago
The pricing part is explained in the FAQ, they are using a third-party so the state of Ohio never sees crypto. I assume that the exchange rate has the volatility risk baked into the conversion price, so the cost is amortized across all payers.
- akerl_ 8y agoThe fact that conversion is done at time-of-payment is clear, yes. But as you say, you're assuming that shifts in price are being factored in (the implication seems to be "by BitPay"). I'm curious if that's actually the case.