Does the STEEM or SBD get converted to dollars or Bitcoin or will I be receiving STEEM/SBD directly? I am drop shipping and am concerned about how I will be paying my suppliers.
You will be receiving STEEM/SBD. It is still up to you to liquidate and get cash to pay your suppliers. We simply trade the STEEM/SBD for BTC and sell it coinbase.
Ok, thank you for the answer. Have you considered using BTC and Bitpay to run the store rather than selling the BTC? I would rather do that if at all possible.
After "Pay with STEEM or Steem Dollars" is selected does to customer have to proceed further to input information? Also if that is the case can someone back out before they input the information but order the item?
Let me know if you need any help.
Does the STEEM or SBD get converted to dollars or Bitcoin or will I be receiving STEEM/SBD directly? I am drop shipping and am concerned about how I will be paying my suppliers.
You will be receiving STEEM/SBD. It is still up to you to liquidate and get cash to pay your suppliers. We simply trade the STEEM/SBD for BTC and sell it coinbase.
Ok, thank you for the answer. Have you considered using BTC and Bitpay to run the store rather than selling the BTC? I would rather do that if at all possible.
We currently do have a bitpay option, although nobody has used it yet. STEEM seems to be the preferred payment method on @thesteemitshop.
After "Pay with STEEM or Steem Dollars" is selected does to customer have to proceed further to input information? Also if that is the case can someone back out before they input the information but order the item?
Yes they can back out simply by not sending the steem, as obviously you wouldn't end up fulfilling a non paying order.