How to Accept Crypto Payments With CoinRemitter While Managing Price Volatility

Crypto payments and volatility

With the growing demand for cryptocurrencies as a payment method in online businesses, accepting crypto payments has become an attractive option for worldwide businesses. Our crypto gateway provides businesses with a simple crypto payment integration. However, price volatility (especially dipping crypto prices) isn’t something a business owner will want. A business owner should be able to manage price volatility to ensure stable revenue and financial predictability. In this article, we’ll learn how to accept payment in crypto while reducing the risks associated with price fluctuations.

What is Crypto Price Volatility

Traditional fiat currencies are backed by governments and central banks, while cryptocurrencies operate in a decentralized manner, which means their value is determined by supply and demand, investor sentiment, regulatory news, and market trends. For example, if we consider Bitcoin, the most popular cryptocurrency, it has experienced price swings of over 10% in a single day due to major announcements, exchange hacks, or macroeconomic trends. This price volatility can be a big challenge for businesses that want to accept payment in crypto without losing any revenue.

Manage Price Volatility When Accepting Crypto Payments

1. Consider Accepting Payments in Stablecoins

Accepting stablecoin payments is considered one of the easiest ways to avoid the risk of price volatility. As of March 2025, our crypto payment processor lets businesses accept stablecoin payments in USDT ERC20 and USDT TRC20. Unlike cryptocurrencies like Bitcoin and Ethereum, stablecoins are pegged to fiat currencies, which means their values remain stable, reducing financial risks.

2. Instant Crypto to Fiat Conversion

Business owners who prefer to accept payments in Bitcoin or any other volatile currency can consider converting their funds to fiat instantly after receiving. Either businesses can sell their crypto funds, or they can use third-party services that offer crypto-to-fiat conversion. By doing this, businesses can eliminate the risk of sudden price drops affecting revenue.

3. Set a Price Buffer to Protect Margins

Since there are rapid fluctuations in crypto prices, business owners can set a small percentage buffer on their product prices to overcome potential price swings. For example, if you are selling a product or a service for $100 and accepting crypto payments in Bitcoin, you could price it at $105 to ensure no to minimal loss even with a slight decline in Bitcoin’s value during the payment confirmation period.

4. Monitor the Market in Real-Time

Business owners can stay updated with market trends and news that can fluctuate cryptocurrency prices. Some useful strategies are as follows:

  • Monitor daily price updates of top cryptocurrencies on CoinRemitter.
  • Set up alerts on third-party crypto exchanges to convert currencies at the right time.
  • Keep an eye on major industry developments, regulatory changes, and macroeconomic factors that may fluctuate cryptocurrency prices.

5. Protective Strategies to Reduce Risk

Large-scale businesses that handle a large volume of crypto transactions can explore hedging or strategies to reduce risks. Some effective techniques are as follows:

  • Diversify your crypto holdings instead of relying on a single cryptocurrency. You can support multiple currencies on your website and accept payment in crypto using our crypto gateway.
  • Enable manual withdrawals in your CoinRemitter wallet if you have a reliable source indicating an upcoming crypto price hike.
  • Convert a pre-defined portion of each payment to stable assets and hold the rest in crypto. This increases the chances of profitability while minimizing risks.

Optimize Customer Experience for Crypto Payments

If you accept payment in crypto, you enable revolutionary transactions and ensure a seamless experience for customers. Here are some of the best practices to optimize :

1. Transparent Pricing

Since crypto value keeps fluctuating, you should accept crypto payments with real-time conversion rates. Our payment gateway for cryptocurrency lets you display prices in fiat and accept payment in crypto with real-time prices using the Pricing Widget feature.

2. Fast Payments

Blockchain transactions can take several minutes to confirm, crypto prices may change during this period. To minimize risks:

  • Advise customers to make payments instantly.
  • Prioritize accepting crypto payments in currencies with fast processing times, such as Litecoin, Tron, and USDT. Our crypto payment processor supports all of them.

3. Handle Refunds Sensibly

Unlike traditional payment methods, crypto transactions are irreversible. This means business owners need to outline their refund and chargeback policies clearly. As a business owner, you may implement the following:

  • Introduce a policy where refunds are issued in the same crypto amount, rather than their fiat equivalent at the time of original payment processing.
  • Maintain clear communication with customers about refund timelines and conditions.

Conclusion

Our crypto payment gateway offers businesses an efficient way to accept payment in crypto. However, price volatility can be a major concern. With the strategies mentioned above, business owners can significantly reduce financial risks associated with cryptocurrency payments and benefit from this revolutionary ecosystem.

Apr 04, 2025 ~ Tony

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