Friday, 14 November 2014

EARNING BITCOIN ' S

1. Earn Bitcoins by accepting them as a means of payment 🏬

In my opinion, the best and easiest way to earn Bitcoins is to accept them as a means of payment. If you have a small business, the integration is done quickly and easily. No matter if you have a brick and mortar shop or an online business, no matter if you sell goods or services. You just have to complete the following three steps:
Get a free online Bitcoin wallet from Blockchain.info. If you're not sure what a Bitcoin wallet is, check out my What is Bitcoin section. There are also many other providers apart from Blockchain.info. Find out which works best for you. And remember, no wallet is absolutely safe, so be careful with your money.
-----------
..............

2. Display a QR-code with your Bitcoin address next to your cash register. There are two options here.

When you have your Blockchain.info account go to 'Receive Money'. Under the 'Actions' drop-down menu select 'QR-code'. Print out the image with the QR-code and place it next to your cash register. Your customers will typically have a Bitcoin app installed on their smartphone where they can enter the value of the purchase in USD or EUR. Their app calculates the corresponding Bitcoin value. It automatically takes the current exchange rate to get the right amount. On your Blockchain.info account you can check the confirmation of your incoming payment.
The other option you have is again on your Blockchain.info account. Go to 'Receive Money' and then under the 'Actions' drop-down this time select 'Create Payment Request'. Now you enter the Bitcoin amount the customer has to pay and it will show the corresponding QR-code. This way the customer doesn't need to enter an amount. For this method you need to calculate the Bitcoin amount from your USD or EUR price before you can enter it for the QR-code to generate.

No comments:

Post a Comment