How Do I Start Accepting Bitcoin Payment?

We’ve already talked about why it’s a great idea to accept Bitcoin. Here, you’ll find the two main ways to get set up.

Bitcoin Payment Processors

The first, and easiest, way to start accepting Bitcoin is with the help of a Bitcoin payment processor, a company that handles all the technical aspects for you and offers a simple integration with your business.

There are many reasons why this is generally the preferred approach.

accept bitcoin with simple integration

Simple Integration

Payment processors have ready-built plugins that you can install with a click of a button on most popular web platforms (e.g., Magento, WordPress, Drupal). You can also opt to customize your integration with an API.
accept bitcoin with little to no fees

Low-to-no fees

Most Bitcoin payment processors will offer a free tier, allowing you to accept Bitcoin from customers from around the world at no cost! Charge $1 and get $1 in your bank account.
accept bitcoin while avoiding volatility

Worried about volatility?

Bitcoin payment processors will even offer instant conversion to local currencies so that you don’t have to worry about holding bitcoins, or wonder how to convert those bitcoins to cover your costs.
If your business is located in the Middle East, your best bet is to sign up with Yellowa Bitcoin payment processor tailored for the Middle East. Other popular international options include BitPay and Coinbase.
accept bitcoin with Yellow
Accept bitcoin with Coinbase
Accept bitcoin with Bitpay

DIY–Do It Yourself

Alternatively, you can get set up accepting Bitcoins on your own. It’s really simple, and all you need is a Bitcoin wallet to receive and store bitcoins.

1
First, create your Bitcoin wallet

If you need suggestions, you can follow this guide. Once you have a Bitcoin wallet, you’re ready to accept Bitcoin!

To accept Bitcoin create a Bitcoin wallet
2
Then, display your Bitcoin address and QR code

You need to display your Bitcoin wallet addressFor example: 1Lqx7VV1u4q9QRY2f64Bd17ZVc8XZCHZbT to your customers in order to receive payment. You can place it anywhere on your website, checkout page, social media channels, or even in your physical store. And don’t forget to display it in QR-code format as well. This will make it easy for mobile wallet holders to scan and pay instantly.

Display your Bitcoin address
3
Finally, show off the Bitcoin logo

Let your customers know you are accepting Bitcoin! Display or print out the Bitcoin logo and place it on your door, website, or Facebook page.

Bitcoin accepted here

And that’s it! you ever need any help, don’t hesitate to send us questions at hello@shubitcoin.com.