How and Where to Pay Using Bitcoin in 3 Easy Steps?

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Nick Galov

Bitcoin has been the hottest thing in the world of finance for the last several years. If you still don’t know how to use this digital currency and want to find out who accepts Bitcoin these days, you are on the right page. In this short article, we are going to give you some basic advice on how to start using Bitcoin in no time.

1.  Choose Your Bitcoin Wallet

Before being able to pay with Bitcoin, you must find a wallet where you can store your digital currency. This will serve as your Bitcoin bank account through which you can store, pay, and receive money. There are many free crypto wallets on the web, and they all work well on both desktop and mobile devices. Just make an account using your personal details, and you’re good to go.

2.  Buy Bitcoin

After your wallet is set up, comes the time for you to buy some bitcoins. You can do this through one of the many cryptocurrency exchange services. Do your research and get the best possible price for bitcoin at the moment. 

You can buy bitcoins using your credit card or a bank account. Just provide the exchange service with your bitcoin wallet address and the transaction will be completed in minutes.

3.  Start Paying with Bitcoin

If an online merchant has the option of Bitcoin payments, you just need to copy their Bitcoin address and paste it into a designated field on your wallet. Type in the right amount of bitcoins into the payment box and click ‘send’. Just make sure that you always type in the exact amount as displayed in the payment window. The transaction should be completed in a couple of seconds. 

You’ll be happy to know that Bitcoin is accepted by most of the top stores and services online. If you need a list of some of the best companies that are Bitcoin-friendly today, check out our infographic below. Enjoy!


About the Author: Nick Galov is a geek who combines his love for reading, writing, and editing with technology. He is an expert advisor at  spendmenot.com, sharing his experience and knowledge of technology and content structure to give writers that extra support to deliver quality content.

34 Comments

  1. Seth Medzida on at 7:52 PM

    How do I create the bitcoin wallet

    • Alhassan Mahruf on at 9:56 PM

      Hw do I create a bitcoin account

    • Djamee on at 3:12 PM

      There are a lot of crept wallet some are centralized meaning you give custody of your bitcoin as if you were putting money in a bank. others are decentralized as you actually own the bitcoin. Just be mindful that the 2nd option that is more advantageous requires more discipline. You can start here https://bit.ly/2MGJSFG

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  2. rita on at 6:12 PM

    I have a company that wants me to pay with bitcoin .Is it safe and how do you pay.I know nothing about bitcoin

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    • Randy Scott Starr on at 12:32 PM

      Find a different company. Unless you are a Gazillionaire, avoid this Cryptocurrency BS altogether.

  3. SRG on at 1:00 AM

    Set up a wallet, buy Bitcoin and pay..
    https://www.coinbase.com/join/gonzal_7vl6

    • Bri on at 1:38 PM

      Is there a place you can do it in person with assistance

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  5. Michael John Curley on at 12:51 AM

    In my BTc wallet I can’t find an option to ‘purchase’. Can I just use the deposit function and put in the vendor code, or will it be withdrawal?

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  8. Uncommon Sense on at 1:49 PM

    So, it seems that ultimately you are paying with an asset that is valued in US dollars. With a single Bitcoin valued at roughly $29,000, the average person isn’t going out and buying a ton of them. They have to purchase fractional shares. And then when they purchase something they are paying (in fractional shares) for a good or services that is priced in US dollars. To me it is just like paying for something with shares of stock. It isn’t like I can carry bitcoins around in my pocket. It certainly doesn’t have the ease of use of cash and it requires a third party to conduct a simple transaction.

    I have been trying to gather information about cryptos but find that all of the info seems to be vague and generalized so I might be missing something, but I don’t see this as a currency but more like any other exchange traded asset like stocks, gold, silver, etc.

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