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And they bake in the losses to their pricing, as well as banking fees up to 3% or more. I've seen vendors online offer substantial discounts for using cryptocu
by mitchdoogle 5y ago
And they bake in the losses to their pricing, as well as banking fees up to 3% or more. I've seen vendors online offer substantial discounts for using cryptocurrency as payment.
- notch656a 5y ago>I've seen vendors online offer substantial discounts for using cryptocurrency as payment. This is actually my 100% use case for crypto. Making legal online purchases at a discount to avoid credit card fees, not retarded speculation or the spectre of crime all the nay-sayers worry about.
- xigoi 5y agoSince when are transfer fees smaller for cryptocurrency?
- notch656a 5y agoMost online metal bullion vendors. Usually I only buy on the occasions they wave crypto fees; but even when they don't it's virtually always cheaper than the CC/Debit option. Compare CC to crypto price on APMEX for example.
- jjeaff 5y agoThere really aren't many online vendors that accept crypto that I have seen. And if they want to avoid views, the fees for a debit card are lower than most crypto transactions at this point.