I'm going to be starting a reputable online business and was hoping I could get advice.

My new business is going to be receiving cryptocurrency as the main form of payment. Are there any resources or experienced vendors that could shed light on their wallet operations? How many wallets for your funds? Redundancy? any specific softwares?


Comments


[5 Points] isurvivedvending:

1) Don't write down your seeds on paper, if you get raided you will lose your savings. Use encrypted flash drives and have multiple off-site backups.

2) Don't cash out anything using your name.


[2 Points] Mod_Skeeter:

I would also be interested in this as well as I’m trying to start an online business that takes crypto as payment as well as credit card.

I’d love to know the back end of things and how that works.

OP we should talk. I’ll send you a PM.


[2 Points] XmrFanMan:

The smart answer is to use bitpay, coinpayments, globee or one of the other crypto payment processors. Of course this doesn't help if you are trying to evade taxes and such.

Otherwise, be really careful. If you can feasibly manually verify payments, you should do that(and use cold storage with a view only wallet, provided your crypto has this feature). There are too many things that can go wrong with managing multiple cryptocurrencies in an automated way.

You can also find crypto plug-ins for most e-commerce platforms, but I'd be careful with trusting them implicitly.


[-2 Points] 180K:

There are many ebooks available on the dnms on how to be a vendor. Pick one and try it out. Learn all you can about OPSEC