If you run an online store and use a WordPress website, this article is for you. As cryptocurrencies become more popular and used more and more frequently for online payments, you should consider becoming a cryptocurrency acceptance partner.
But how to get started and manage Bitcoin recommendations on your WordPress site?
First, let’s look at the benefits of adopting digital currencies and what tools you need to use to pay customers for Bitcoin.
Basically, it’s not that complicated because all you need is a Bitcoin wallet, a digital money transfer provider, and a WordPress plugin. Let’s ride a horse and see how to own a cryptocurrency payer.
Bitcoin can be accepted by anyone anywhere in the world. In this way, customers without a credit card or PayPal account can use cryptocurrencies to shop online.
The use of Bitcoin also keeps customers anonymous because there is no need to enter personal information when making payments.
Bitcoin is a peer-to-peer digital currency and therefore does not require third parties to complete the transaction, which means that the transaction fees are much lower than traditional banking services.
Now, let’s see how to accept Bitcoin with WordPress. First, you need to create a Bitcoin wallet. Here you can safely store your Bitcoin or private key associated with it.
You can store your wallet on your PC, mobile device, or even on the Internet. There are many platforms that provide wallet services and you decide which one you like best.
It is easy for children to create them without the need to register or provide personal information.
However, it is important to note that it is worth using a wallet that actually contains a Bitcoin access key [private key].
For simplicity, we recommend that you download the software wallet to your desktop, laptop, or mobile phone and save/store the access keys you receive.
Now, make an informed decision before you actually invest money on any visit BinaryOptionsWATCHDOG.
Bitcoin Payments: How to accept them on eCommerce
Are bitcoin payments possible? The first quick answer they can give you is definitely “Of course yes”
To receive payments in Bitcoin, simply show the QR code in your Bitcoin wallet app and allow the other party to scan your smartphone, or touch the two smartphones.
What we need to accept bitcoin payments
- Coinbase Commerce
- Simple codeless configurations
Most of the global websites are created with WordPress (opensource platform for website creation), this system allows us to integrate eCommerce through a plug-in called WooCommerce.
If you already have active e-commerce all this part is already very clear to you you are interested exclusively in the implementation of a system that allows you to receive payment in cryptocurrencies. Here, we will explain how to do it:
Configurations to accept bitcoin payments
Accepting payments with cryptocurrencies is really simple, especially if you use wordpress:
To do this, simply integrate this plug-in developed by Coinbase (leader in the cryptocurrency sector) Coinbase gateway for woo-commerce to your e-commerce, sign up for coinbase commerce, and then connect your account to your e-commerce.
There have two possibilities: to integrate everything through the installation of Woocommerce plus the coinbase plug-in or to create a link from within coinbase commerce or even make an “embed” to the site.
Why receive crypto payments?
No, if you think it’s a way to evade taxes, you’re wrong. Receiving crypto payments is a real investment, those who did it this year saw the currency grow by 300% against the euro, if we analyze Ethereum instead we see that it grew by 600% against the euro and by 100% only in the month of December 2020.
Attention, it is still a risk, but we are still talking about more or less calculated risk.
All you have to do is try and give your e-commerce business a boost thanks to payments in cryptocurrencies.
Let’s take a look at some verified cryptocurrency payment processors and extensions
Once you’ve chosen your ideal digital wallet and signed up for a payment processing service, it’s time to install the WordPress cryptocurrency extension. Many plugins are already available, but now let’s take a look at the best plugins.
Blockonomics also allows you to accept Bitcoin, Ethereum, and Litecoin. Instead of a payment gateway, Blockonomics sends money directly to your wallet. This way, you can get there faster and safer and save on transaction costs.
BitPay is a popular Bitcoin wallet and payment processing service. It allows you to accept WordPress Bitcoin payments, which will be routed to a Bitcoin wallet or bank account in the currency of your choice. BitPay allows you to send money to banks in 38 countries in multiple currencies. It works on over 40 eCommerce platforms, including WooCommerce, Gravity Forms, and Shopify.
If you are using WooCommerce, Bitpay for WooCommerce is a good choice. You can easily link your online store to your BitPay account.
Coinbase is a digital device exchange and online wallet service that can handle the transfer of Bitcoin, Ethereum, and Litecoin through a WordPress website. These cryptocurrencies are forwarded to the altcoin wallet or converted to local currency and then transferred to a bank account.
Mollie WooCommerce payment
Mollie is a payment gateway dedicated to simplifying online payments. Mollie Payments for WooCommerce is a free plugin that allows you to quickly integrate all known cryptocurrencies, including Bitcoin, on the WooCommerce website. Since Mollie instantly converted Bitcoin payments to Euros, no Bitcoin wallet was needed.
CoinGate is a digital payment processing service that accepts over 45 cryptocurrencies. You can quickly integrate the Coingate WooCommerce plugin into your online store. After installation, CoinGate works similarly to all other Bitcoin processor plugins.
If you have a WooCommerce online store and want to accept multiple cryptocurrencies, then Coingate for WooCommerce could be an ideal choice. It can handle not only Bitcoin but also many altcoins.
GoUrl is a Bitcoin payment gateway that allows you to accept Bitcoin. However, the plugin cannot transfer money and can only transfer payments to a Bitcoin wallet. It also supports Litecoin, Dash, and BitcoinCash on WordPress.
The 5 best WordPress plugins to work with Bitcoins
Bitcoin and Blockchain are all the rage. On the street, at work, in bars … Even in the elevators! Wherever you go, you will surely hear someone talking about cryptocurrencies or Bitcoins as if nothing were the case. They are taking over the world! It seems that the world of fintech and cryptocurrencies has come to stay (or not?).
1. WooCommerce Bitcoin Payments
Although we have been hearing about Bitcoin for years, it is now that it seems that they are used to buy in real life. We also have to adapt electronic commerce to Bitcoins and with this plugin, in five minutes, you can start accepting payments in this currency.
- All types of currencies are accepted (USD, EUR, GBP, INR, BRL…).
- Automatic notifications.
- Automatic conversion of any currency to Bitcoins.
- Plugin ready to be translated.
- Automatic validation of payments.
- 24/7 customer service.
2. CryptoIcons – Ultimate Cryptocurrency Icons Kit
With CryptoIcons you can add different cryptocurrency icons to your WordPress in the blink of an eye. This plugin includes more than 280 high-quality, easy-to-use vector icons.
- Easy to use.
- 145 cryptocurrencies, 281 icons.
- High image quality.
- 24/7 customer service.
3. Cryptocurrency Mining Calculator Widgets for WordPress
With this plugin, you will be able to insert different incredibly accurate cryptocurrency mining calculator widgets into your WordPress.
- Unlimited colors.
- Responsive colors.
- Supports many currencies.
- Exact calculations.
4. CryptoWP – Realtime Cryptocurrency Market Prices on WordPress (PRO)
This plugin allows you to insert cryptocurrency prices, charts, and various information into your WordPress. Thus, you can see the market prices of the different cryptocurrencies in different ways and in real-time. Not only is it one of the best plugins in terms of appearance, but it is also one of the most reliable in terms of information.
- Three available templates and custom CSS.
- It allows showing all the currencies in a single table.
- Notifications and conversions in real-time.
- Fully customizable.
- Charts of historical values.
- Bar charts, tables, etc.
- Real-time cryptocurrency updates.
- Language editor to translate the plugin.
5. Cryptocurrency Charts for WordPress
Another great plugin to view charts is the Cryptocurrency Charts, which allows you to generate fully customizable charts of more than two thousand different cryptocurrencies. In this way, you can integrate them into your WordPress.
- Different types of charts: linear, bar, step, column, etc.
- Shows the trading volume.
- Fully customizable.
- Historical performance can be compared.
- Displays intraday data in 15-minute intervals.
- Unlimited graphics per page.
- Graphics ready to be translated.
As you can see, you can already install many plugins on your WordPress page to quickly and easily become a Bitcoin recipient. Which application will be your ideal choice depends on your website and customer needs. Maybe it’s worth trying and trying different things. While they basically work the same way, choose the most convenient one.