One of the great advantages of using Bit2Me Commerce is the flexibility it offers for managing your funds. We understand that cryptocurrency volatility can be a concern for some businesses, which is why we have integrated a solution that gives you total control.
Bit2Me Commerce incorporates an instant exchange feature designed specifically for your convenience. This means that when one of your customers pays you with a cryptocurrency, you can configure Bit2Me Commerce to automatically and immediately convert that cryptocurrency into the fiat currency (such as EUR or USD) of your choice.
How does it work?
Your customer pays in crypto: A customer makes a purchase and pays with the cryptocurrency of their choice (for example, Bitcoin or Ethereum).
Bit2Me Commerce receives it: The cryptocurrency funds arrive in your Bit2Me Commerce account.
Automatic conversion (if configured): Thanks to the instant exchange feature, Bit2Me Commerce performs an immediate exchange of that cryptocurrency to the fiat currency you have pre-selected in your settings (for example, EUR).
Fiat funds available: The funds converted to EUR are now available in your balance, protecting you from potential crypto market fluctuations and facilitating your business accounting and management.
This feature allows you to enjoy the benefits of accepting cryptocurrencies, such as reaching a wider customer base, without having to worry about actively managing crypto market volatility. You decide whether you want to keep your payments in crypto or convert them to fiat instantly. |
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