7970 vs r9 280x litecoin minerals
18 commentsBiggest bitcoin exchange in the world
Bitcoin is quickly becoming a popular way to accept online payments. It is fast, digital, and cost effective. Due to the tremendous increase in the Bitcoin value, it has caught the attention of mainstream media.
One of our users asked us how they can accept Bitcoin payments on their WordPress site. This button could replace or go right next to your PayPal donate button offering your visitors an alternative way to make payments while saving you money on transactions. BitCoin is a peer-to-peer, digital currency which was introduced as an Open Source software in It is completely digital, which means it is stored and exchanged online. It is called peer-to-peer currency because there is no regulatory authority or bank involved in the currency exchange.
BitPay is an electronic payment processing system for the Bitcoin currency. It allows merchants to easily accept and process payments in Bitcoins. When a users pays you in Bitcoins, you can get those Bitcoins into your wallet or get them exchanged in your local currency and transferred to your bank account. BitPay allows you to get your Bitcoin payments in your local currency. But if you would like to receive your payments in Bitcoins, then you will need a Wallet.
A Bitcoin wallet is a software installed on your computer where you store your digital currency. There are a number of options available for desktop, mobile, and web services.
We recommend using Blockchain. Once you have created your wallet, you will be able to receive payments in Bitcoins from Bitpay in your wallet. First thing you need to do is signup for a free account on BitPay. After the signup, your application will be reviewed and approved within a few hours. You will get an approval notification by email. Once approved, you need to visit the BitPay website again and set up your password along with other account details.
On your BitPay dashboard, you need to click on Accept Bitcoins link from the top menu. It will open a page showing you different solutions, but you need to click on eCommerce.
On the eCommerce payments screen, you will be shown a number of options. You need to click on Accept Donations button. The next screen will show you options to configure the donate button settings. The first option is to decide whether you would like the donors to enter the amount, or you want to use a fixed donation amount. If you choose the fixed donation amount, then the donate button settings page will display additional fields. You can enter the fixed amount for the donations, choose currency, and add description.
Under the payment notifications settings, you can enter the URL of a page on your WordPress site where users you will be redirected after they have made the payment. Usually this page is a thank you page that you can create in your WordPress. You can also add an email address where you would like to be notified when a user makes a donation.
Once you are done setting up your Bitcoin donate button, you need to click on the Generate button. This will generate your Bitcoin donate button code with three button size choices. You can choose from a small, medium, or large button by clicking on it. After that you need to copy the displayed code and paste it in a text editor like Notepad because you will need this code in the next step.
The code generated by BitPay is an HTML form and if you insert it in your blog post, there is a good chance that it will not be handled well by the WordPress post editor when it sanitizes the content. This is why you would need to create a shortcode to add the button in your posts, pages, or widgets.
To display the donate button, all you need to do is add [bitpaydonate] shortcode in your post, pages, or widgets. You can now receive Bitcoin donations. You can keep them as Bitcoins in your wallet, or get them converted into your local currency and deposited into your bank account using BitPay.
If you are keeping your Bitcoins in your wallet, then make sure that you understand the risks and always backup your wallet. For questions and feedback, you can leave us a comment below. Page maintained by Syed Balkhi. Bitpay is completely different now, this article is out of date, seems impossible to create a bitcoin button without a plugin now. Very nicely shared about the difference between bitCoin and bitPay?
Thanks for such an wonderful and interesting post. By adding the php to your functions. Thank you for the information. But can you allow people to donate an amount of their choosing?
Thanks for choosing to leave a comment. Please keep in mind that all comments are moderated according to our comment policy , and your email address will NOT be published. Please Do NOT use keywords in the name field. Let's have a personal and meaningful conversation. Don't subscribe All Replies to my comments Notify me of followup comments via e-mail. You can also subscribe without commenting. Last updated on February 15th, by Editorial Staff. What is BitCoin and BitPay?
Leave a Reply Cancel reply Thanks for choosing to leave a comment.