How to use Bitcoin @Bitcoin #Crowdify #Tools

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Anyone can sell products online and take credit card payments but can you do that and take Bitcoin payments and have those payments converted into cash? YES!

What exactly is the Bitcoin?

It’s a peer to peer payment system introduced as an open source software in 2009 by developer Satoshi Nakamoto. It’s a digital currency created and sued in the system and is alternatively referred to as virtual currency, electronic money or cryptocurrency. And even though it doesn’t meet the recognized definition of money, the system is not controlled by a single entity like a bank, it can be converted into cash.

How Can I Get Paid?

First, you need to research what type of online stores accept Bitcoin. Squareup just made the news here when they made  the “Pay by Bitcoin” option available. Make your ways of making sales and donations limitless. Don’t limit yourself with accepting cash or credit.  Here are the easy steps to getting this set up.

1. Go to www.squareup.com and create an account. Link your bank (hint: anyone with a Chase account gets instant verification. Square and Chase are like BFFs) As you can see from the image below, you can sell online, sell on the go with a Square reader–a device you plug into the phone that accepts credit cards, and also instore by making your ipad a register. You can also download the app to your phone as well and do that.

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Step 2.

Once you have your account set up, activate the Square Market. It’s your online store front. Login, click on Items, then create new Item. The image below shows the page you see when you are creating a new Item. You can also click one of the links to the left to see or update any existing items.

 

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Step 3.

Selecting Categories. Your store will be organized by Categories and you can have as many categories as you’d like. Hint: When designing your store be sure to resize your main image to 646px by 646px.

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Step 4.

Once you finish listing your product, there will be a link for you to view it and the whole online store.

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Congrats! Now your store is active and your item is listed. Now you can promote and sell. It takes a couple of days after activating your store for Square to add the Pay by Bitcoin feature, but they are fast if you contact them.  To see the feature, simply add an item to the cart, go through the checkout process and on the page where you enter your CC info, below that form is the Bitcoin option as you can see in the detailed image below.

 

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And this, my friends, is how you make it super easy for those who use Bitcoins to buy your products. The beauty of this is that Squareup will convert the value over and give you the cash value and deposit the funds the next business day.

What is Bitcoin?

 

 

Do you have any tips for using Bitcoin? Please add them to this list. Please vote up or down any tips that are already here. Thank you!

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Do you know any Bitcoin alternatives? Please add the names of each tool to this list and help others to find them and try them out. Please vote up or down any alternative so we find the most popular ones. Thank you!

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