menu
Daily Bits Email

The email you entered is already receiving Daily Bits Emails!

How to Monetize your Website with BitCoin or Crypto Currencies

Categories

Latest Tech News

Video Software Discounts5 Video Editing Apps for Beginners
Video is a great tool to get your message across the web. Here's the problem, you don't have a budget, and you don't know anything about video editing.
Software Utilities Discounts6 Apps to Fix Your Computer’s Aging System
You know your computer only has a few months left, but you don’t have the money to upgrade to a new one! We have a few apps to help you out.

All Tech News

Latest Forum Posts

thread 2018 best Buying laptops under 500 consumer reports
thread1
Are you able to definitely find a first rate computer for much less th
Thursday at 11:35pm
thread O&O Software Discount Voucher Code – 25% Off O&O Software
thread2
25% Off Any Product using O&O Software Discount Code BelowWe use O&O S
Aug 27 2015 at 4:29am
Do you know that in last 2 years pirate soft in Russia grew at 30%? I'
Thursday at 3:54am
thread OLM to PST Converter Software
thread2
To easy and quick convert OLM file into Outlook PST file format, used
Feb 12 at 3:31am
Try Revove OLM to PST Converter software to easily convert Mac Outlook
Wednesday at 10:40pm
thread Students & Teachers - 60% Off Discount on Video & Photo Editing Software
thread1
Student & Teachers can get up to 60% off on (video & photo editing /mu
Mar 31 2014 at 2:58am
thread Connectify Hotspot Max 2018 Download
thread5
The download of the software is stalled on my HP computer and could no
Feb 11 at 12:13pm
Hi Satish, I still don't know if you actually paid for the Hotspot MAX
Wednesday at 2:39am
thread How to repair your Outlook personal folder file (.pst)
thread5
PST file corruption has been a common issue nowadays which can be caus
Jan 9 at 9:05pm
Well this was one of the things which troubled me for long time I neve
Feb 12 at 11:02pm
thread Word File Recovery
thread3
Word File Recovery is perfect tool for users through which they can ea
Feb 3 at 4:45am
You can go to http://www.recoveryfix.com/word-document-recovery.html t
Feb 12 at 3:02am
thread Convert NSF to PST is an excellent tool
thread4
NSF to PST Converter Tool easily convert NSF file PST, MSG, EML and HT
Jan 22 at 9:52pm
I would like to suggest you to use of third party NSF to PST Converter
Feb 12 at 2:58am
All Posts New Post

Monetizing Websites with BitCoin or Crypto Currencies shouldn't be hard, however most people don't know where to start. We'll run through the options. During the last years we've seen Bitcoin springing. Many people saw its potential as a good alternative to money in online transactions. Then it started to grow. Then alternative coins started to appear. It is a long story that started back in 2009 and grew to a point of billions of dollars in market capitalization. But when it comes to running a website how do you actually accept BitCoin or other Crypto Currencies to monetize your site?

What's the big deal with Crypto Currencies?

As of today, there are more than 100 coins in circulation. Some of them are worth a lot of dollars per piece, some go below fractions of cents. Some are highly popular, some other have strong communities behind, some others are even focused to certain geographic areas... you name the focus group and you'll find the right crypto currency for it.

But all cryptos are based on the same thing: the value of very coin is a mixture of belief and actual money invested on it. Yet, they end up in the same point: you can actually get profit in dollars out of them.

The most popular Crypto Currencies

You may find hundreds of articles across the internet talking about how good and bad coins for a given purpose. Yet, since you're a business person, you'll feel interested on the most popular ones, so, here they are:

BitCoin Bitcoin

Bitcoin, as being the first, is the king of cryptos. It's worth about $500/piece with a market cap of more than $6.2 billions. It is the most supported one for online purchases, and all other cryptos value is mainly based on it. All virtual currency exchange services have Bitcoin among any others.

Litecoin Litecoin

The so-called "silver to Bitcoin's gold" coin worths about $13/piece with a market cap of $372 millions. It is, obviously, the second most supported coin, and it also have a big presence on exchange services.

Dogecoin Dogecoin

The Shiba Inu meme based coin is more than the joke it started being. It may not have the same market cap of Peercoin -the third in value- and each piece costs 5 ten-thousandths of a dollar, but it has a huge community behind that already helped sending an Indian athlete and the Jamaican Bobsled Team to the Sochi Winter Games, Funded an initiative to build wells in Kenya and sponsored a car going to NASCAR.

I want to get cryptos for my website!

So you have your own blog and constantly deliver contents to your users. Or you have your software published for sale and you make content based on it. Or you contribute on Social Networks and would like to monetize some bucks out of your articles. Well, there's a cryptos payment system for all of them.

Bitpay

Bitpay

Bitpay is one of the most complete and most widely accepted Bitcoin payments processor available. Its like the Paypal for Bitcoin, with over 20,000 businesses using it.

BTC Merch

BTC Merch

I couldn't find a better payment processor for Litecoin. Yes, BTC Merch accepts Bitcoin and Litecoin payments, and their integration into your website is as equally simple as Paypal is: by placing a form that draws a button.

DogeAPI

DogeAPI

An excellent option to get donations in Dogecoin for your website. You can use their simple widgets to get donations or their checkout page for accepting payments or even using their Twitter Tipper to get some doge from thousands of users!

Moolah

Moolah

Moolah is the #1 Dogecoin propagator. You can use their API to get it running in your site in no time. They also have a customizable storefront. A good example of how good is the stuff Moolah does is their BuyGold.io site, in which you can purchase a one month membership of Reddit Gold using doge.

What about my Facebook page?

Talking about tipping, you can also receive tips from users of several Facebook Groups usingThe Doge Tipping App or the MultiCoin Tipping App.

Doge Tipping App

Both applications are internally linked, but one is used specifically to tip/receive tips in Dogecoin and the other in Dogecoin,Digibyte, Einsteinium, Fedoracoin, Mintcoin and Reddcoin. You can share good content with the users of the supported groups -they differ by app- and then withdraw your tips when you have enough.

All these seem nice, but I'd like to have something of my own...

If your website is secure enough to handle the risk of having your own wallet software, you can get rid of dependency and create your own payments system after getting into the next steps:

1. Decide which coin -or coins- you want to receive payments with.

2. Install the corresponding daemon from the source code. Here you have the links to the three coins I've previously discussed:

3. Have an RPC access class to get started with.

For PHP, EasyBitcoin-PHP works with all cryptos: https://github.com/aceat64/EasyBitcoin-PHP

For other languages (like Python, Ruby, etc.) You can check those listed at https://blockchain.info/api/json_rpc_api

4. Mount your scripts to interface with the wallet daemons either through the JSON-RPC API or through direct connection to the daemon's RPC server.

5. Go to your neighborhood's Church and get blessed before launching it publicly ...or do the corresponding thing according to your beliefs system (~_~)

Anyway, I strongly recommend you to use one of the solutions already made by experienced developers. You'll cut the hassle and pay very low transaction fees. Lower than you can imagine.

I hope all this info is good enough for you to get started into the crypto currencies market. For me, it's been one hell of a ride!

BitsDuJour does not necessarily agree with the opinions expressed in this article
Want to write for BitsDuJour? Submit an Article

How to Monetize your Website with BitCoin or Crypto Currencies Comments

More Tech News

Video Software Discounts5 Video Editing Apps for Beginners
Video is a great tool to get your message across the web. Here's the problem, you don't have a budget, and you don't know anything about video editing.
Software Utilities Discounts6 Apps to Fix Your Computer’s Aging System
You know your computer only has a few months left, but you don’t have the money to upgrade to a new one! We have a few apps to help you out.
Security Software Discounts5 Apps That Will Increase Your Security Online
While convenience is great, does it come with safety? Your privacy is important, and so is your financial security. BitsDuJour has a few apps to keep you safe.

All Tech News

Business & Finance Software Discounts

Writing Outliner for MS Word (PC) Discount
for PC
Writing Outliner for MS Word
Turn Microsoft Word into a Powerhouse!
35
Atlantis Word Processor (PC) Discount
for PC
Atlantis Word Processor
Lightweight and Powerful Word Processing
30
The Journal (PC) Discount
for PC
The Journal
Write, Organize, Remember, Find.
31
Soda PDF 9 (PC) Discount
for PC
Soda PDF 9
Create, Edit, and Convert PDF Documents
75
Next Flipbook Maker (Mac & PC) Discount
Mac & PC
Next Flipbook Maker
Build Interactive, Animated Digital Flipbooks
20
PDF Annotator (New Version 6!) (PC) Discount
for PC
PDF Annotator (New Version 6!)
Mark up any PDF file
20
More Mac/Windows Deals
BitsDuJour is for People who Love Software
Every day we review great Mac & PC apps, and get you discounts up to 100%
© Copyright 2018 BitsDuJour LLC. Code & Design. All Rights Reserved. Privacy Policy