We are a company which sells low priced items online ($0.05 - $0.50). Due to the crypto currency hype, we also would like to accept payments through at least one crypto currency.
I have analyzed a couple of crypto currencies by their average transaction fees, market cap, avg. transaction confirmation, etc.
I found out that Dogecoin and Ripple have currently cheap fees, less than $0.01 cents average.
Question: Can we hire the company that integrates this in our E-Commerce backend or is there anything else important to know beside the exchange fees? Are our transactions too small?
So far I have taken following into account
- Transaction fees are not fixed, but as of writing this question the fees are acceptable for my case
- Exchange fees (mostly a bit higher since traded through BTC from USD/EUR)
- Average fees are less than $0.01, but theoretically they can be higher (if not average)
For most transactions I would assume the fees are <= $0.02. This would be okay for us, but which crypto currency should we choose?