Getting started in Bitcoin isn’t a simple task. You are going to need all of the best tools available to preserve your privacy, increase your security and reduce the friction of using Bitcoin. The resources listed below are some of what we feel the Bitcoin space needs to build the most robust ecosystem possible. Please use these tools to help us achieve mass adoption as soon as possible.
A Brief Disclosure
We work tirelessly to provide the bitcoin space with helpful Bitcoin content. In order to continue to grow, we need funding. Rather than overwhelming out readers with lots of ads, we’ve chosen to use affiliate and referral links to generate revenue and grow our team. Some of of these links listed below are affiliate links, meaning, at not additional cost to you, we earn a commission if you choose to click through and make a purchase.
That being said, let’s look at these resources and how they are helping to take Bitcoin mainstream.
If you would like to get started accepting bitcoin payments, you need a payment processor. Well, we’ve got good news for you. These services listed below all enable users to begin to accepting bitcoin with minimal fees and effort.
Blockonomics is a tool for getting started selling products for Bitcoin. You can create invoices, watch addresses, install payment buttons on your website and earn bitcoin with their referral program.
Coinpayments is a cryptocurrency payment processor that allows you to accept Bitcoin and other cryptos on your website. Their fees are minimal and they have a good reputation in the crypto space.
Buy & Sell Bitcoin
If you want to HODL some bitcoin, you need to either buy some or accept it as payment first. I personally suggest that you accept it as payment but that’s easier said than done. If you decide to buy rather than accept it as payment, these services are our personal favorites.
Coinmama is an OTC Bitcoin exchange. What we like the most about Coinmama is that they are not a wallet so when someone purchases bitcoin from them, the user is required to move their purchased bitcoins to a wallet under user control.
Local Bitcoins is one of the oldest platforms to buy and sell bitcoin near you. With buyers and sellers in 15,000+ cities around the world, Local Bitcoins is a great way to find the bitcoin market near you.
Coinbase is the largest over the counter bitcoin exchange in the United States. You can buy or sell bitcoin with fiat via ACH bank transfers and credit cards.
Affiliate bonus: If you buy or sell $100 USD or more worth of bitcoin, you get an extra $10 as a bonus. This also helps us to keep this site going because we get a $10 bonus too.
The Cash App
The Cash App is a simple app for sending and receiving money to your friends and family who also have the cash app. What makes Cash so cool is that they allow you to buy bitcoin directly within the app.
Affiliate bonus: When you sign up with our referral code, you get $5 when you send at least $5 to someone. Maybe you can use your $5 to buy some bitcoin. This helps us keep this blog going because we also receive $5 when you sign up and send your first $5.
If you don’t want to buy bitcoin, you can always try to find ways to earn it. Here are some services that you can remove the risk of bitcoin by enabling you to earn it for doing things that you already do.
Coinback is a bitcoin rewards program that pays its users to shop with their partner stores. If you shop on Amazon, you can join their Amazon pool and earn bitcoin for all of the orders that you placed on Amazon each month. They offer $5 worth of bitcoin to al new signups as long as you make a qualified purchase of $25 in your first 30 days. They also have a referral program so you can earn $5 of bitcoin for each new user that you send to their platform.
Lolli is a service that we recently came across that gives bitcoin rewards for shopping online. All you need to do is install the Lolli chrome plugin and shop at online retailers that you already use. IF you’re shopping at a Lolli partner, you will earn bitcoin for qualified purchases. You can also earn $5 for each new user that you refer to their service. It doesn’t get more risk-free than that.
Everyone seems to want to learn how to make money with Bitcoin but how many people are using Bitcoin to actually buy goods and services? Here’s our list of affiliates that allow you to use your bitcoin to actually buy things.
The Big Coin
The Big Coin is a service that enables you to spend bitcoin with online retailers. When you arrive at the checkout screen, you simply paste the URL into The Big Coin and they generate a Bitcoin invoice for you. It’s a great way to actually use bitcoin.
Alagoria is a service that enables you to spend bitcoin and other cryptocurrencies to buy things on Amazon.
Mining Bitcoin is how new coins come into existence and keep the network secure. If you are interested in the different options available to mine bitcoins, take a look at how some of these services work and how they can benefit you.
Minergate is a service that harnesses your unused computational power to mine whatever is most profitable at the time.
Not everyone wants to just buy and HODL. Some people who have bitcoin want to turn it into more bitcoin and trading is one of the fastest ways to do that. These are the services that we use to trade bitcoin to increase the amount of bitcoin that we have.
Binance is one of the biggest exchanges in the world with support for more cryptocurrencies than almost every exchange in the world.
BitMEX is one of the largest exchanges in the world by trading volume. If you would like to trade bitcoin at up to 100X leverage, take some time to experiment with these guys. The downside of using BitMEX is that they are not available to US citizens.
Affiliate bonus: You get a 10% discount on all of your trading fees for 6 months when you sign up using our referral link. We don’t have an account with BitMEX since most of us are US citizens but if you would like to shill your affiliate link here, let us know and we can work something out for you.
Once you have purchases or accepted some bitcoin, you need a place to keep it safe. Look no further than these wallets and seed phrase storage devices.
KeepKey is one of the oldest names in the bitcoin hardware wallet space. If you are looking for a place to keep your bitcoin nice and safe, perhaps take some time to look into KeepKey.
Crypto Key Stack
Crypto Key Stack is a tool for storing your seed phrase as safely as possible. No moving parts and not tiny little tiles to lose or mix up, Crypto Key Stack is a single piece of anodized steel that you physically etch your seed phrase into.
The services that you can use to actually spend bitcoin are currently limited. These services listed below all accept bitcoin in one way or another so if you want to actually spend your bitcoin, this
A-Ads is one of the biggest names in Bitcoin advertising. If you want to advertise your product or website with bitcoin, they offer all sorts of advertising options without the need to create an account.
Not all of the services that we use accept bitcoin. Some services we simply use to help spread the word about bitcoin, privacy, security and lots of other crypto things. We use the following services to help grow WhatIsBitcoin to reach the largest audience possible and they may help you grow your own bitcoin business.
Fiverr is one of the world’s largest freelance marketplaces. You can buy all sorts of services on here for just $5 for smaller tasks all the way up to enterprise projects well into the several thousand dollars per month.
Affiliate Bonus: If you sign up for Fiverr using our affiliate link, you’ll receive 20% off of your first order.
Stickers are one of the best ways to start conversations with your friends, family, coworkers and anyone sitting across the table from you at your local coffee shop. If you want to get some Bitcoin stickers made up, give StickerMule a try.
Affiliate Bonus: If you sign up with our referral link, we both receive a $10 credit for stickers. We promise to spend our $10 to get some sweet new bitcoin stickers made up.
Thank You For Supporting WhatIsBitcoin.com!
Thank you for taking the time to stop by WhatIsBitcoin.com and we especialy thank you if you are one of our readers who takes the time to share our content.
All of the above services are tools that we actually use and refer our readers to because we truly believe in the value that they offer the bitcoin space. If you would like to help us to keep this project alive and us doing what we are doing, please take the time to visit our affiliates. If you feel that they might help you or your business, please take the time to try them out. Again, signing up with our affiliate links is no additional cost to you and also helps us to keep this site going.
Thanks so much for your support.