How to Accept Bitcoin Payments But Get Paid in Local Currency

The ability to accept Bitcoin or other cryptocurrencies while automatically converting them to local currencies, including the U.S. dollar and other local currencies, makes it easy for businesses to convert Bitcoin payments into their preferred local currency in real-time.

How to Accept Bitcoin Payments But Get Paid in Local Currency

Cryptocurrency, once a niche interest for tech enthusiasts, is now a mainstream financial asset and method of payment. Since the emergence of Bitcoin in 2009, the cryptocurrency market has experienced exponential growth, with thousands of digital currencies now in circulation. Initially met with skepticism, cryptocurrencies have gained legitimacy as they have been adopted by businesses, investors, and even governments around the world.

One of the challenges businesses face when considering cryptocurrency adoption is the volatility of crypto assets like Bitcoin. While the potential for high returns exists, the unpredictability of cryptocurrency prices can similarly present a potential loss of value, which isn't beneficial for businesses that rely on steady cash flows.

As a result, The ability to accept Bitcoin or other cryptocurrencies while automatically converting them to  local currencies including the U.S. dollar, and other local currencies, makes it easy for businesses to convert Bitcoin payments into their preferred local currency in real-time.

In this article, we'll explore details on how to automatically convert Bitcoin payments made via your e-commerce website to U.S. Dollar and other local currencies.

Let's dive in!

Benefits of Automatically Swapping Bitcoin For Local Currencies

Mitigating volatility risks

The most significant advantage of the auto swap feature is its ability to mitigate the risks associated with cryptocurrency price volatility.

Cryptocurrencies like Bitcoin and other altcoins are notorious for their price fluctuations, which can range from minor fluctuations to significant swings within short time frames. For businesses that rely on stable cash flows and consistent revenue streams, these fluctuations can pose considerable challenges, potentially leading to financial losses or operational disruptions.

See Also: How to Prevent Volatility in Your Small Business When Accepting Crypto Payments

Ensuring liquidity for businesses

Another key benefit of the auto swap feature is its role in ensuring liquidity for businesses. Liquidity refers to the ability to quickly convert assets into cash without significant loss of value. While Bitcoin and other cryptocurrencies offer liquidity within their respective markets, converting large sums of cryptocurrency into fiat currency can be time-consuming and cumbersome, especially during periods of heightened volatility.

With the auto swap feature, businesses can maintain liquidity by instantly converting Bitcoin payments into their preferred local currency. This enables them to access funds immediately, without having to wait for cryptocurrency settlements or navigate the complexities of traditional banking processes. As a result, businesses can better manage cash flow, meet financial obligations, and seize opportunities for growth and expansion.

Simplifying financial operations

In addition to mitigating volatility risks and ensuring liquidity, the auto swap feature simplifies financial operations for businesses. Traditionally, businesses that accept Bitcoin payments may need to navigate multiple steps to convert cryptocurrency holdings into fiat currency, including setting up accounts on cryptocurrency exchanges, executing trades, and managing wallets. These processes can be time-consuming, resource-intensive, and prone to errors or security risks.

The auto swap feature streamlines financial operations for businesses, reducing administrative burden and minimizing the risk of human error. Businesses can focus their resources and attention on core operations, confident that cryptocurrency payments will seamlessly integrate into their existing financial infrastructure.

Access to global markets while mitigating currency risks

Another significant advantage of adopting the auto swap feature is the opportunity it offers businesses to access global markets while mitigating currency risks. However, expanding into international markets introduces new challenges, particularly concerning currency exchange and foreign exchange risk.

Moreover, by converting Bitcoin payments into their preferred local currency at the point of sale, businesses can avoid exposure to currency exchange risks associated with cross-border transactions. This ensures that businesses receive the full value of their sales, regardless of fluctuations in exchange rates or geopolitical uncertainties.

For businesses looking to expand their reach and capitalize on opportunities in international markets, the auto swap feature provides a cost-effective and efficient solution for conducting cross-border transactions with confidence.

How To Convert E-commerce Bitcoin Payments To U.S. Dollar

Many cryptocurrency processing platforms offer features that allow users to instantly convert Bitcoin and other cryptocurrencies to U.S. dollar-pegged stablecoins.

The value of these U.S. dollar-pegged stablecoins is equal to one U.S. dollar, and can be directly exchanged for each other. Some of these stablecoins include USDT, USDC, BUSD, TUSD, etc.

On platforms that enable automatic swaps, users can accept Bitcoin and other cryptocurrencies on their e-commerce platforms and instantly swap them to these stablecoins; they can also directly accept these stablecoins on their e-commerce websites.

This conversion process typically occurs instantaneously, in the background, with the payment gateway handling the exchange at prevailing market rates, while the user sees their U.S. dollar pegged stablecoin in their wallets.

See also: The Benefits of Accepting Stablecoin Payments For Your E-commerce Business

How To Convert E-commerce Bitcoin Payments To Other Local Currencies

Similar to USD-pegged stablecoins, other local currencies have prevalent stablecoins. For example, the Euro has stablecoins such as EURT, EURC, EURS, etc., the British pounds also have GBPT, GBPC, and BGBP.

However, due to their relatively low liquidity (when compared with their dollar counterparts), they do not enjoy widespread usage; hence, many exchanges do not list them.

However, this doesn't stop the seamless swap of volatile cryptocurrencies to your preferred local currency, as USD-pegged stablecoins have high liquidity, and can easily be traded on exchanges and peer-to-peer platforms for your preferred local currency.

Introducing CCPayment’s Auto-Swap for Deposits

CCPayment is a crypto payment gateway that simplifies the process of accepting crypto assets as payments for commodities. It converts fiat currencies into their corresponding crypto values, verifies payments, notifies you as a merchant, and provides top-notch security as well as accounting features to manage your e-commerce business.

CCPayment uses a one-of-a-kind unified payment API that can be easily integrated with any website or e-commerce platform, allowing your business to accept 900+ cryptocurrencies through a single checkout page and providing features such as automatic currency conversion, real-time transaction monitoring, and configurable payment widgets.

CCPayment has an auto-swap for crypto deposits, allowing you to automatically convert cryptocurrencies into stablecoins, at the point of receipt. The primary goal of auto-swap is to protect users from the volatility often associated with digital currencies. When enabled, it ensures that any tokens received are immediately swapped into more stable forms of cryptocurrency, like stablecoins, reducing the risk of value fluctuations.

Here’s how it works;

  • The auto-swap feature activates when you receive a payment in one of the supported cryptocurrencies.
  • The received cryptocurrency is then converted to a stablecoin at the current market price.
  • The stablecoin or chosen token is deposited into the merchant account after conversion.

The feature supports over 30 major cryptocurrencies like Bitcoin, Ethereum, Dogecoin, Shiba Inu, and other supported cryptocurrencies, and get the USDT, USDC, or BUSD equivalent on CCPayment.

A small service fee is charged for this feature, which can be negotiated with support, depending on your business type, and nature of transactions.

Setting Up Auto-Swap for Deposits on CCPayment

  • Log in to your CCPayment account and access the Dashboard where you can manage your payment settings.
  • Navigate to Merchant Settings
  • Within Merchant Settings, look for a section labelled Settings where you can configure various features for your account.
  • Locate the Auto-Swap setting and set it up according to your preference.


In conclusion, the adoption of the auto swap feature offers businesses a host of benefits, making it an attractive option for those looking to embrace cryptocurrency payments while mitigating the risks associated with price volatility.

Businesses of all sizes and industries should explore the opportunities presented by accepting Bitcoin payments while receiving local currency through the auto swap feature. Crypto is here to stay and businesses that embrace innovation will continue to thrive. Be a part of the businesses that will thrive. Take advantage of CCPayment’s Auto-Swap Feature today!