cryptocoingossip

Online presence is important these days, whether for a person or a company.

It is easy to attract more eyeballs online to generate more sales and profit.

An easier way to make online presence is using social media like Facebook, Twitter, Instagram which are utilized by almost everyone, that is why having own website considered as best practice for making an online presence.

On the other hand, cryptocurrencies revolutionizing entire financial activities done on the internet by offering safe, secure and fast transactions.

Now, utilizing cryptos is even become easier to do online transactions.

That is why most of the business is jumping in to use cryptos, especially Bitcoin, a popular and the first cryptocurrency also controls more than 50% entire crypto market.

For a business having a website, there are different dedicated cryptocurrency payment gateways available on the market for accepting different crypto payments.

But for a small website run by a person like you and me doesn’t need all the crypto payment processors for just concentrating on accepting Bitcoin payments.

Here I listed some best methods that you can implement on your website for accepting Bitcoin payments.

1. Use Coinbase Commerce.

Coinbase is a reputable cryptocurrency exchange operating since 2012.

In 2018 they started Coinbase Commerce aiming to help online merchants to accept crypto payment.

Coinbase Commerce helps both big and small businesses to accept crypto payment for their products or services.

You can signup to Coinbase Commerce by using e-mail and start accepting Bitcoin, Bitcoin Cash, DAI, Ethereum, Litecoin, and USD Coin right away.

Plus, they don’t charge any fee for accepting crypto payments however you have to pay some network fee when withdrawing your funds.

They offer different option to set payment channel like, if you’re a developer then you can utilize their API, if not you can utilize HTML button or their Shopify, Woo-commerce plugins, for more details check out their getting started guide.

Withdrawing crypto funds in fiat also done by using coinbase exchange.

2. Use BTC Pay.

BTC pay completely decentralized payment processor allowing you self host your server to process Bitcoin payments without any fee.

Like Coinbase BTC pay is not the third party offered payment processor it is completely P2P payment processor for Bitcoin.

As being a P2P platform, they not store any private keys nor ask for KYC.

To self-host BTC Pay server you have to have some technical knowledge to set up if you’re not want to go throw all those steps they made the process easy by providing various BTC Pay integration with e-commerce platforms such as.

• WordPress/WooCommerce
• Magento.
• Drupal.
• Prestashop.

If you’re using the above platforms, you can easily set up BTC Pay to accept Bitcoin payments.

Not just Bitcoin now you can accept various crypto payments like BTG, XBC, BTX, DASH, DOGE, FTC, GRS, LTC, MONA and many more.

But as of now, they do not offer any fiat conversions of crypto funds.

3. Use BitPay.

BitPay is an Atlanta based crypto-payment gateways established in 2011.

The platform considered as an all-in-one solution for accepting Bitcoin payment because they offer different types of payments such as you can set up one-time payments, recurring subscriptions, and donations on your website.

Plus, it takes care of invoicing and record-keeping for you.

To do all this, they don’t charge any extra fee but like in coinbase you have to pay some network fee when withdrawing.

For utilizing BitPay services, you can integrate their API, or they offer plugins for many e-commerce platforms like WooCommerce, Magento, PrestaShop, Shopify and many more.

Also, you don’t have to worry about crypto holdings because they let you create spending password, PIN, or touch ID on top of their wallet.

From 2018 they expanded their crypto support from Bitcoin to BitcoinCash, Etherium, and Ripple allowing fiat conversion.

4. Accept Payment Manually.

Yes, you can accept Bitcoin payments manually by grabbing your public payment address from any Bitcoin wallet and post that into the product page.

This method will consume more time because you have to do every process manually like you’ll have to take care of invoicing and billing on your own. You’ll also need to arrange delivery for any items or services you sell and provide payment addresses manually.

If you’re getting good traffic on your site then, this method does not suit you and your customers. If you’re not getting enough traffic then this method will save you some fee that you’ll have to pay for any third-party payment processor.

But remember as traffic grows it’ll be hard to track the payments if you are making many sales almost at the same time with the same amount, also you may need to start exchanging screenshots with the buyer to verify if they paid indeed.

Conclusion.

These are above best method available to accept Bitcoin or any other cryptocurrencies on your website in exchange for products or services.

Now do let me know in comments that which method is you’re going to implement on your website or if you’re using one share your experience.

If you found any other easy methods mention in comment.