If ever i will only allow bitcoin payment to my e-commerce site and my sellers that will receive the bitcoin payment from the buyers are from India. What site i could recommend to the sellers to exchange their bitcoin to fiat? After they receive the bitcoin from the admin, they want to exchange it and be sent to their bank account. Lets say that they are just new to bitcoin, so it is much better if it is user-friendly. Is coinbase the best site that i could ask them to create an account so it's easier than asking them to create a wallet which will be hard for them to understand? Can they forward it easy to their bank account in India? Are there other ways? Probably they want their privacy so its better if their transaction cant be monitored by the government. I think localbitcoins will be hard for a newbie and will be a lot of work. I will be happy to receive any suggestions. thanks
I think that coinbase is very easy to work with. I have been using them for awhile and have had no problems. I started out using coinbase when I barely knew about BTC and have recommended it to friends who are completely new to BTC. There are many choices out there though. Just do a google search, see what comes up, review these sites, and see which will work best for you and your clients. Good luck to you
Bitcoin transactions are public so not only can the/a government monitor them, but literally anyone can do it as well. There are ways to obfuscate BTC transactions, but the idea that bitcoin is confidential isn't a good one to have.
You can use a mixer so it wont be tracked. But it is not really just about the stealth but just a fast transaction. Maybe they just have to use localbitcoin to trade it.
There are lots of scammers around bitcoin even on localbitcoin so my recommendation is the reputable exchange sites still. There is coins.ph too.