Will Bitcoin work for my website?

[raychoiih1]

Hello, I'm Ray.
I'm in US. I did not launch or own business yet.

I'm trying to use Bitcoin to my website. I'm not sure if it would work well with the idea of payment system in my website.

If someone sign up to my website to create his profile, he can buy coins with their money. I'm not talking about the Bitcoin. Coin in my website is the symbol of currency. 1 coin costs 10 cents. So if he buys 100 coins, he has to pay 10 dollars. He will keep the coins in his account. And he can give the coins to people just like donation in my website. For example, people can donate to blog or video that somebody made. People who made the account in my website should be able to give their coins each other freely based on the post such as blog or video. I'm trying to make this system in my website. Is it possible to do it with Bitcoin?

When people buy the coins, which is transaction, do they have to pay commission fee? For example, when John owns the coins that he received from other people, he can exchange the coins into money. I should be able to split 50 percent and 50 percent for John and me when he converts the coins into money. Do John have to pay commission fee, or do I have to pay commission fee? Please feel free to answer my questions. Thank you.

Sincerely,
Ray

[piebeyb]

I think it is not difficult to use bitcoin payments through your website, why not
it's just that you need to think of a mature concept for the website you want to get up and of course to buy bitcoin payments on your website such as what?
for example if your site supports coin purchases using a credit card or paypal I think you do not need to get 50% of the results of their purchases simply by taking a few pieces of the cost when they do bitcoin withdrawal from your website and get their bitcoin withdrawal fee

[Rmcdermott927]

Most exchanges charge a small fee. However, the KYC process at most exchanges in order to purchase Bitcoin is the most annoying part.