Orqestra: Converting Business Sales to Bitcoin
Orqestra lets businesses automatically convert portions of their sales to bitcoin!
What is Orqestra and how can it be useful for businesses?
Protect Against Inflation with Bitcoin
Long-term saving in bitcoin is a good way to hedge against inflation.
Not just for individuals, but also for companies.
Case in point: MicroStrategy
Bitcoin's strong liquidity also allows quick conversions to fiat if needed, giving companies financial flexibility.
Converts Portions of Sales to Bitcoin
Orqestra simplifies Bitcoin acquisition, targeting small and medium-sized businesses.
You can connect your payment providers, and the platform will automatically convert portions of your sales to bitcoin.
Start small or go all in, it's up to you!
Orqestra integrates with e.g. PayPal, QuickBooks, Square and Stripe.
You can also link e.g. Clams, a Bitcoin-focused accounting software for automated bookkeeping.
You can learn more about Clams here: #552799
Custodial, but You Can Withdraw to Your Own Wallet
Orqestra states that it partners with industry-leading custodians to store the BTC.
You can also withdraw the BTC to your own wallet, or convert it to US dollars.
The platform is currently only supporting businesses in the United States.
KYC Required
Orqestra was founded by João Almeida, former CTO and co-founder of a Bitcoin payment infrastructure provider OpenNode.
Orqestra can give tax-ready reports that meet industry standards on demand.
To use the platform, businesses need to provide proof of legal existence of the company, proof of address and all beneficiaries with over 25% ownership in the company need to perform KYC.