Why is this a thing Hake?

Oct 26, 2016
165
40
Why charge 2.5x more in bitcoin than in USD? @stephanie @kawaii


BNSjdw9PSJ6xJYs-2CumWg.png


mgEHyMv0SZicHToXXVG1eA.png


ozcILePvSHGSwUYgVu_JFQ.png
 
Last edited:

kawaii

Administrator
Staff member
Developer
Mar 2, 2015
1,986
1,481
Hello,

We don't charge more. Bitcoin has an associated transaction fee that we do not control. You also have to use bitpay's exchange rate which may differ slightly from other exchanges (see: https://bitpay.com/bitcoin-exchange-rates). At the end of the transaction we only receive the amount we charge ($8 in your example).

I've already stated it in another thread but we are actively working on providing alternative methods of payment in the future. The last thing I want people to think is that we are being deceptive with the payment methods we offer. If you are unhappy with bitpay's exchange rates or Bitcoin's transaction fee's then it would be best to hold off on purchasing until our alternative payment methods are ready.

Thanks,
kawaii