Due to meteoric rises over the last few years, more and more consumers are trading their hard-earned American dollars for cryptocurrencies like Bitcoin, Ethereum, Litecoin, and others. These cryptocurrencies offer an exciting new way to speculate currency. They also represent a chance for e-stores to profit from accepting them.
However, with so much hype and mixed consensus about whether cryptocurrencies are still just a fad or here for the long haul, it can be tough for e-commerce owners to decide if crypto is for them.
Let’s look at the pros and cons of accepting cryptocurrency in e-commerce.