Author

Topic: Need advice: How to make deals in crypto currency? (Read 202 times)

full member
Activity: 966
Merit: 153
Well, you should explain to your clients why  you couldn't make a contract for the cryptos payment method, be transparent. And, I know you don't want another payment method as an option; but if you really want the growth of your business, it's best you should bend rules that will suit your clients. If they demand for another payment method aside cryptos kindly give them that advantage since you seem not to prefer escrow.
newbie
Activity: 49
Merit: 0
If I understand you correctly,  you are asking of how to  break the barrier of having a long conversation without no results? Since you say you don't know the client in person,  so don't blame them for asking questions to prove your authenticity. You can only reduce this by providing an online contract whereby you both will sign electronically and the consequences if any of you don't stand with the agreement.  And also provide an escrow option like the user above stated. Probably, these will them ask less questions and get down with business.
The problem is that a contract in crypto currency doesn't have any legal effect.
Escrows are also controversial option. I don't want always to work via escrows.
newbie
Activity: 49
Merit: 0
The question is following:

How to make deals in crypto currency?

As I know signing a document gives nothing, because it has no legal effect. I provide some services and it is a real headache sometimes.
Deals with < 1 BTC are completed with no problems. But if it is much bigger, here comes the problems. I can't change the type of payment. There is no fraud. Clients which I know in person do not ask such questions or have some mistrust. But if we don't know each other and he contacts me for service, there is a long conversation with no result. I want to break this wall.

Have you dealt with such problem? How did you solve it?
I would appreciate it if you could give me some advice. Thanks.

What exactly is the question?

Are you asking for a technical solution?

Or asking for advice on how to handle this personal situation?
Second one.
newbie
Activity: 49
Merit: 0
it is even better to find large trading enterprises that work under smart contracts.
It is quite complicated procedure. Doesn't worth it.
newbie
Activity: 9
Merit: 0
We make "bigger" deals (real estate). Better done with professionals that have some passed experience in the field.... IMHO
newbie
Activity: 182
Merit: 0
The question is following:

How to make deals in crypto currency?

As I know signing a document gives nothing, because it has no legal effect. I provide some services and it is a real headache sometimes.
Deals with < 1 BTC are completed with no problems. But if it is much bigger, here comes the problems. I can't change the type of payment. There is no fraud. Clients which I know in person do not ask such questions or have some mistrust. But if we don't know each other and he contacts me for service, there is a long conversation with no result. I want to break this wall.

Have you dealt with such problem? How did you solve it?
I would appreciate it if you could give me some advice. Thanks.

What exactly is the question?

Are you asking for a technical solution?

Or asking for advice on how to handle this personal situation?
legendary
Activity: 2506
Merit: 1113
There's no need to be upset
The question is following:

How to make deals in crypto currency?

As I know signing a document gives nothing, because it has no legal effect. I provide some services and it is a real headache sometimes.
Deals with < 1 BTC are completed with no problems. But if it is much bigger, here comes the problems. I can't change the type of payment. There is no fraud. Clients which I know in person do not ask such questions or have some mistrust. But if we don't know each other and he contacts me for service, there is a long conversation with no result. I want to break this wall.

Have you dealt with such problem? How did you solve it?
I would appreciate it if you could give me some advice. Thanks.

have you considered using a escrow for larger deals?
even an exchange.
this could solve the problems.
full member
Activity: 350
Merit: 100
it is even better to find large trading enterprises that work under smart contracts.
full member
Activity: 350
Merit: 100
in my opinion, it is necessary to conclude large transactions in the presence of personal protection and create an exchange only in case of actual confirmation of money.
hero member
Activity: 1330
Merit: 569
The question is following:

How to make deals in crypto currency?

As I know signing a document gives nothing, because it has no legal effect. I provide some services and it is a real headache sometimes.
Deals with < 1 BTC are completed with no problems. But if it is much bigger, here comes the problems. I can't change the type of payment. There is no fraud. Clients which I know in person do not ask such questions or have some mistrust. But if we don't know each other and he contacts me for service, there is a long conversation with no result. I want to break this wall.

Have you dealt with such problem? How did you solve it?
I would appreciate it if you could give me some advice. Thanks.

When it comes to business, try to separate it from fun or closeness. If you are finding it difficult to break, just do it gradually. Get another friend of yours to act as your client executive and when you negotiate, just inform your client that my client executive will just send you some paper works just for organization purposes and nothing serious. Then inform them to send it back to you when they sign so as to avoid disagreements. Before you do that, just have a template letter of engagement or memorandum of understanding which will detailed all of your terms and currency expressly and ensure you comply with it. It might be difficult at first, but eventually they will fall in line and you can know within you that you have move forward in your service rendering.
newbie
Activity: 49
Merit: 0
The question is following:

How to make deals in crypto currency?

As I know signing a document gives nothing, because it has no legal effect. I provide some services and it is a real headache sometimes.
Deals with < 1 BTC are completed with no problems. But if it is much bigger, here comes the problems. I can't change the type of payment. There is no fraud. Clients which I know in person do not ask such questions or have some mistrust. But if we don't know each other and he contacts me for service, there is a long conversation with no result. I want to break this wall.

Have you dealt with such problem? How did you solve it?
I would appreciate it if you could give me some advice. Thanks.
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