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they pay in fiat and you set a % that square will convert to btc?
Yup, max 50%, which is what I did.
hows the rate or spread? is it better than just getting paid the fiat and then buying btc?
1% rate and I don’t know about spread. I immediately bought bitcoin with the rest of the deposit when it hit my bank account today, but I haven’t checked yet to see which was better. I suppose in this case, buying the bitcoin after the fact was better, but that’s because of the big change in the exchange rate in the dollar’s favor in that time.