How to Pay with Bitcoin and Bitcoin Cash
Bitcoin and Bitcoin Cash are secure currencies for the internet. You can pay without handing out sensitive financial information, and you don’t need an account.
Watch our guide below to learn how to get started with blockchain payments to BitPay merchants.
1. Get a wallet
First you’ll need a Bitcoin or Bitcoin Cash wallet – an app that lets you receive, hold, and spend Bitcoin or Bitcoin Cash.
You can use any of these popular Payment Protocol compatible wallets to make secure, successful payments to BitPay merchants.
We recommend the open source BitPay bitcoin wallet app. It’s a great option for paying BitPay invoices because it dynamically calculates sufficient miner fees. It’s also secure and easy to use.
2.Move Bitcoin or Bitcoin Cash into your spending wallet
If you don’t yet have Bitcoin or Bitcoin Cash in your wallet yet, you’ll need to buy some.
Exchanges are available all over the world, allowing users to convert any currency into and out of Bitcoin and Bitcoin Cash. Every country and region is different, so you’ll want to do some research before choosing an exchange.
For individuals in the United States, the BitPay app provides a simple integration with Coinbase allowing users to buy bitcoin directly from the app.
Exchanges and accounts do not send your bitcoin payments immediately, so they are not good for paying BitPay merchants. To use your Bitcoin or Bitcoin Cash, withdraw your Bitcoin or Bitcoin Cash from the exchange to a Payment Protocol compatible wallet before attempting to spend it.
3.Make a payment
Making a blockchain payment is fast, convenient, and extremely secure.
To make a payment, you won’t need to enter any sensitive card information. Instead, you’ll simply send the payment from your wallet app.
Remember to send your payment during the 15-minute payment window. BitPay only guarantees the fixed BTC or BCH price for this time period. Do not send payments to expired invoices.
There are several ways to pay a BitPay invoice from your wallet.
A.Scan the QR Code
If your wallet is on a different mobile device, you can scan this code to open the payment in your wallet. Your wallet will lock in with the correct receiving Bitcoin or Bitcoin Cash address and sending amount. Then make the payment.
B.Open in Wallet
If your wallet is on the device you’re using to view the invoice, you can open the payment in your wallet by tapping here. Confirm everything is correct, and your wallet will make the payment.