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 Outlook OST to PST Converter
thread3
Now comes with the ability to resolve the issues of damage or corrupti
Yesterday at 12:57am
Now comes with the ability to resolve the issues of damage or corrupti
Yesterday at 11:32pm
thread PST Recovery Tool to Recover Corrupted & Damaged Outlook PST Files
thread4
There are several third party Outlook PST repair software available on
Dec 7 at 1:12am
Our Outlook PST repair programming empowers you to channel hurt/worsen
Monday at 2:53am
thread Recover Corrupted & Damaged Outlook PST Files
thread2
With Outlook PST Recovery, you can check or uncheck the folders and da
Sep 5 at 3:22am
Use Outlook PST Repair tool can effectively recover corrupt/damaged Ou
Monday at 1:14am
thread Photocopier Expert 7 from Neogie
thread3
I want to buy a 2nd license for Photocopier Expert 7. This is an excel
Saturday at 8:28am
I'm sorry, for now, it's not for sale anymore.
Saturday at 10:06am
thread M4V Converter Plus Announced 70% Discount on Christmas Sales - Save $15
thread4
M4V Converter Plus Inc. official launched its Christmas big sales. All
Dec 23 2015 at 5:53pm
Well, that is a good deal, but if you cares about the output quality a
Saturday at 7:06am
thread Access File Recovery Software
thread2
Access File Recovery Software is an intelligent solution to fix all co
Dec 6 at 4:16am
To repair Access database and restore Access objects from corrupt Acce
Thursday at 11:58pm
thread 50% OFF Save up to $175, Xmas Discount!
thread1
Merry Christmas! Share a very big discount: Cisdem provide the biggest
Dec 7 at 2:04am
thread Beiley Fund Manager personnal deal
thread5
Hello, i 'm trying to get deal on Beiley Fund Manager personnal at 69$
Dec 3 at 2:28pm
Currently we don't have a deal for the product you mention. When a dea
Dec 4 at 12:59pm
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
Dose for Excel Add-In (PC) Discount
for PC
Dose for Excel Add-In
Become More Productive in Microsoft Excel
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
PDF Annotator (New Version 6!) (PC) Discount
for PC
PDF Annotator (New Version 6!)
Mark up any PDF file
20
Infix Pro PDF Editor (PC) Discount
for PC
Infix Pro PDF Editor
Edit PDF Documents Easily and Quickly
35
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 2017 BitsDuJour LLC. Code & Design. All Rights Reserved. Privacy Policy