Here are the 2 steps that you need to accept bitcoin and other crypto payments on your site:
1. Open a cryptocurrency wallet.
2. Set-up a trusted cryptocurrency plug-in on your site.
(Optional) Accept bitcoin and crypto payments manually.
Step 1: Open a cryptocurrency wallet.
A cryptocurrency wallet is where you will keep all of your bitcoin and crypto online. This will serve as your gateway in making transactions online using bitcoin and other cryptocurrencies. Whenever you get paid with Bitcoins or other crypto payments, this is where your money directly goes.
Step 2: Set-up a trusted cryptocurrency plug-in on your site.
Setting up a trusted cryptocurrency plug-in is easy because you only have to install it directly to your site.
Once you’re on the dashboard, click on Plugins, then choose the plugin that you want to use. We mostly work on Wordpress when we create websites, so we can suggest the ones that we use. Here are the cryptocurrency plug-ins that might be helpful if you want to accept bitcoin and cryptocurrency as payments in your website:
Cryptocurrency Donation Box: This top-rated plugin allows you to accept payment or donations from your audience. It supports more than 50+ cryptocurrencies, and is easy to install on your site.
BitPay Checkout for Woocommerce: If you are looking for the most secure way to accept payments, we highly recommend BitPay. This can accept different cryptocurrencies, transfer it to your wallet, convert it to fiat currency, and even transfer it your bank account without any chargeback fees.
MyCrypto Checkout: this also serves as a payment gateway for your site which allows you to receive coins directly to your wallet. It has 0% transaction fees, no redirection to 3rd parties, and it is easy for your audience who wishes to pay since it offers one-click payment buttons.
Step 3: Accept bitcoins/crypto money manually
You don’t need banks, Paypal, or rely on third-party services when you transact Bitcoin, which makes it more alluring because it is faster and you can get your money without paying any charges.
If you don’t want to install plug-ins in your site, you can just accept it manually by 1) Creating a unique bitcoin address for your site, 2) telling people how much they should pay, and 3) then process the order as soon as the payment was transferred.
If you own a website or sell products online, will you be willing to accept crypto money as payment? Tell us what you think in the comments!