How to Accept Bitcoin as a Payment on Your Website

The very first and legendary cryptocurrency is here now! Every investor knows about Bitcoin, and every trader wants to get this goldy crypto in his portfolio. As Bitcoin gains more popularity, more and more businesses are exploring ways to accept BTC as a payment method.

In this article, we thoroughly consider Bitcoin as a valuable payment option and do our own research on how to set up a BTC payment gateway for your business and what the main advantages of Bitcoin acceptance are. Let’s get started!

Bitcoin As A Payment Method

Bitcoin is a widely recognized and most popular cryptocurrency used as a payment option. Despite all other altcoins or stablecoins, Bitcoin is a legendary leader since it provides crypto investors with consistently high value, a kind of stability, and authority in the crypto market. So, it’s not surprising that many people prefer to use coins as payment.

A BTC payment method allows customers to use Bitcoins for paying for products and services or sending them to others via transfers from wallet to wallet. Many stores and retailers of any niche have already started accepting this crypto, increasing their customer base, enhancing the payment options, and more.

Why Should You Accept BTC Payments?

Bitcoin acts as one of the most well-known crypto payment methods compared with other cryptocurrencies. Due to its value, market position, and capitalization, it becomes not just a simple digital asset but a real ‘digital gold’ that almost every investor wants to own.

Businesses of various niches also do not bypass Bitcoins and more actively represent the desire to incorporate it as a payment option. Actually, implementing BTC as a payment provides regular customers and different businesses themselves with several significant benefits, including the following ones:

• Broaden the customer base by providing them with more varied payment options. Additionally, accepting BTC may greatly attract people who prefer using digital currencies over traditional ones and can position a business as innovative and forward-thinking, appealing to tech-savvy consumers;

• Convenient cryptocurrency payments, which are faster and cheaper to transact, will significantly save your and your client's time, making the payment process more cost-effective and less time-consuming. Moreover, Bitcoin transactions often come with lower fees compared to credit or debit cards or other traditional payment methods;

• The cryptocurrency sphere is broadless, so it allows everyone to be in touch with each other, transferring funds, communicating, and making purchases even without being in physical proximity. Nowadays, if you’re using crypto for your daily purchases, you’re a part of the whole crypto community. Besides Bitcoin, you can learn more about best cryptocurrencies for payments to stay up-to-date with the latest crypto payment trends.

How To Accept Bitcoin Payments?

Bitcoin payment acceptance is a quite understandable and simple process. To make crypto work for your business and start accepting BTC payments, you need to take these simple actions:

• Choose a reliable crypto platform that supports working with Bitcoin;

• There create your cryptocurrency wallet, enable 2FA, and pass the KYC procedure to protect yourself and your funds as well;

• Get your crypto wallet address and share it with people who want to send you BTC;

• Integrate a Bitcoin payment gateway into your business’s website or store;

• Monitor your receivings. In case of strange activity, immediately notify the platform's support.

How To Set Up A Bitcoin Payment Gateway For Your Business?

If you’re a start-up or just beginning a business, you can also go the easiest way and start using the Cryptomus payment gateway to accept cryptocurrency payments, including Bitcoin ones, with peace of mind. All you need to do is described below:

• Sign up for a Cryptomus account if you don’t have one. You can choose any suitable method of registration: using a phone number, email, or doing it directly via Telegram, Apple ID, Facebook, or by linking an account to your Tonkeeper wallet.

• After creating your account, the first step must be enabling two-factor authentication (2FA) and setting up a PIN code for added security of your personal data and funds. By the way, if you want to accept BTC as a business, then you certainly need to create a Bitcoin business wallet that will definitely be helpful in crypto payment acceptance. To start using it, just pass the KYC (Know Your Customer) procedure.

• Now, it’s time to choose the preferable integration payment option. Cryptomus provides various of them, including API, e-commerce plugins, etc. Detailed documentation is provided for an effortless integration process. You can also find the comprehensive guides and instructions to the plugins’ setup on the Cryptomus blog.

• After you've finished the process, it's crucial to test the payment system. Make a few transactions to assess the interface and estimate terms. Once you're satisfied with the functionality, take some time to explore additional Cryptomus features like the auto-converter, invoice management, white label solutions, etc.

• The last one that is left is your necessity to get your customers into the course of fact that you’re already able to accept Bitcoins and educate them to interact with the new payment options correctly.

Thoroughly check the first test transactions to be sure that all processes operate smoothly, and if you encounter any issues, the Cryptomus customer support team is readily available to assist you until your integration is successfully completed.

Is It Safe To Accept BTC?

How secure is Bitcoin? Most crypto enthusiasts are sure that there is no cryptocurrency that is safer than Bitcoin, as it’s the very first and most reliable digital asset on the market.

Many also trust this cryptocurrency due to its decentralized nature, long-term functioning, its dynamics in the market, and its strong authority, which often overshadows other digital coins. This way, it’s not just for nothing, because Bitcoin is really considered one of the most reliable cryptocurrencies for maintaining the price; despite the high volatility, it is highly believed and widely used. Thus, it has passed the real test of time and still remains a key player in the cryptocurrency market, including investment, trading, or acceptance as a payment.

That’s all for now! We hope this guide was helpful, and now you won’t face any troubles while accepting Bitcoin payments within your business. Make more profit with Cryptomus!