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 Georgia Gwinnett College offers
thread2
Here's what Georgia Gwinnett College offers:
Yesterday at 7:56am
Here's what Georgia Gwinnett College offers: Inspiring opportunity to
Yesterday at 7:57am
thread Giveaway at IObit Malware Fighter PRO 5 from dpcoupon.com
thread1
Customers can get coupon savings on IObit Malware Fighter PRO 5 that p
Sunday at 11:49pm
thread DVD cinavia removal is coming!
thread1
DVDFab’s lossless Cinavia removal technology for Blu-ray, since born i
Mar 16 at 12:41am
thread IObit Advanced SystemCare Pro 10 Coupon
thread1
Get a big chance to win IObit Advanced SystemCare Pro 10 which cleans,
Mar 15 at 10:34pm
thread What not to do with your wet phone?
thread1
Recover data from a water damaged phone is a very complicated process.
Mar 14 at 3:49pm
thread Todays deal 03-11-17 video deluxe
thread2
I have tried several times to get this deal but, as of yet, have not r
Mar 11 at 4:56am
I have just resent you the receipt email.
Mar 11 at 12:12pm
thread How to transfer songs from samsung galaxy to pc
thread12
Music is a wonderful thing, the music to express affection, love, frie
Dec 22 2014 at 10:20pm
I met the similar problems to yours, Once i want to stream my music fr
Mar 1 at 11:53pm
thread Take 25% off by coupons on the top security software from AVG.
thread1
It is the best security software for PC, Mac and Android device that s
Mar 1 at 9:35pm
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
ABBYY FineReader 12 Professional (PC) Discount
for PC
ABBYY FineReader 12 Professional
Capture This Amazing OCR Program
30
PDF Annotator (New Version 6!) (PC) Discount
for PC
PDF Annotator (New Version 6!)
Mark up any PDF file
20
BSC Designer Standard (PC) Discount
for PC
BSC Designer Standard
Transform Strategy into Action
10
MessageExport add-in for Outlook (PC) Discount
for PC
MessageExport add-in for Outlook
Easily Extract and Process Your Outlook Messages!
5
The Journal (PC) Discount
for PC
The Journal
Write, Organize, Remember, Find.
31
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