What Is Bitcoin Payment and The Steps of Making Payment

Bitcoin is a form of the digital currency, it created and also held electronically. No one can controls it. Bitcoins are not printed, like the euros or dollars, they are produced by all the people, and it can increasingly businesses, also running computers, and all around the world, then using software that can solves mathematical problems. And below is the answer from what is bitcoin payment.

What makes it different from normal currencies and what is bitcoin payment?

Bitcoin can be used to buy allthings electronically. Also in that sense, it is like conventional euros, dollars, or even yen, which are traded digitally. What is bitcoins payment now become a quick question for all people. So, however, the bitcoin is the most important characteristic, and thing that makes it different than the conventional money, is that it’s decentralized. There’s no single institution controls from the bitcoin networks. It puts some people at the ease, because a large bank can not control on their money.

Bitcoin Payment

Bitcoin is the secure money for the internet. You don’t need an account and you make a bitcoin payment without handing out the sensitive financial information. First you will need a bitcoin wallet, an app that lets you to hold, receive, and to spend bitcoin. To learn it more, check out on bitcoin Wallet Comparison, that keep an updated list of the options. BitPay, an open source of wallet, is a great option, because it can supports of major advances in bitcoin security and ease of use.

Buy some bitcoin

Once you have set up all your wallet, you will need to buy some bitcoins. The bitcoins exchanges are available all over the world, and allowing the users to convert in any currency. Every region and country is different, so you will want to do some researchs before choose an exchange. For the individuals in the United States, BitPay app provides a simple integration, with Glidera, that allowing users to buy bitcoins directly from the app.

Make a payment

Making bitcoins payment is so convenient, fast, and extremely secure. When you want to make a payment, you will not need to enter any sensitive of card information.

Scan the QR Code

If your wallet’s on the different mobile device, you can scan the code to open payment in your own wallet. Then confirm everything’s correct, and your wallet will make all the payment.

Open in Wallet

If your wallet is on the device that you’re using to view all the invoice, you can open the payment document in your wallet by tapping. Confirm that everything is correct, and then your wallet will make the payment. What is bitcoin payment is now answered here.