Question 03.
A business owner is comparing the three paths to accepting crypto. Which option has the lowest processing fees but the highest level of technical responsibility?
- Wrong Answer!
- Wrong Answer!
- You got it!Accepting crypto directly into a wallet the business controls removes processor fees. What comes with that is the full weight of managing the process: converting to dollars, recording the transaction value for tax purposes, keeping the wallet secure, and troubleshooting any issues. For most businesses starting out, those demands are too much to take on alongside everything else. The self-managed route makes more sense once the simpler paths are working.
- Wrong Answer!