Top 5 WordPress bitcoin plugins
"Do you accept bitcoins?"- this question is asked, perhaps, every entrepreneur in the field of e-Commerce. Bitcoin is promoted by such giants as Overstock and Microsoft. The number of online stores that accept cryptocurrency is growing. It is rapidly becoming an alternative to existing payment systems such as PayPal and credit cards. Owners of sites on the WordPress content management system can use any of the many plugins that allow you to accept payments in bitcoins.
Their advantages are as follows:
Minimum or zero Commission (cheaper than PayPal transactions).
No refund.
Minimum of scams.
Access to new markets and countries.
Increasing the number of customers.
The opportunity to earn on the growth of the value of bitcoin.
This article presents five of the most popular plugins for websites running WordPress.
Blockonomics - for those who hate intermediaries
Blockonomics allows you to accept payments directly, bypassing the Central wallet of the payment gateway. Initially, the plugin was conceived as a fully decentralized system that does not need intermediaries. It allows you to save on fees-a great option for those who do not need the services of banks. The transaction fee is 1%, the first 10 transactions are free of charge.
Coinbase - for those who are not very well versed in wallets and exchanges
Coinbase is the most popular exchange in the world. Recently, it introduced the opportunity to make payments in bitcoins and litecoin through the Coinbase Commerce platform. At first glance, free transactions seem to be a great idea, but their implementation can be problematic due to non-existent user support. However, as experienced bitcoiners know, Coinbase is a reliable training ground before entering the market on its own.
BitPay is for merchants in need of automatic conversion into ordinary money
BitPay is one of the first cryptocurrency payment systems. Therefore, it is often found in online stores that accept bitcoins. BitPay has certain restrictions on the goods and services offered, especially in risky industries. Commissions start at 1%.
Coingate - for traders and entrepreneurs interested in cryptocurrency exchange
Coingate service not only accepts payments in bitcoins. It also allows you to buy cryptocurrencies directly on the site and exchange bitcoins for euros. The transaction fee is limited to 1% and exceeds the corresponding figures in the beta version of the Lightning network.
CoinPayments - for payments in altcoins
Service CoinPayments popular with those interested in not just bitcoin. Most payment systems accept altcoins through Shapeshift, but CoinPayments initially supports ether, litecoin and more than 800 other cryptocurrencies. The transaction fee is 0.5%. For users from third world countries, a simple and intuitive interface is offered. Another nice feature of the service is the ability to make payments with zero confirmation using the woocommerce plugin.
I like the fact that sensitive data on coinbase reside on servers that is disconnected entirely from the internet
Yet i don't think Bitcoin will be liquid enough in the future to use it as currency. To scared big whales will hold a large percentage of the total supply out there and claim full monopoly.
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