Bitcoin – How to Guide
Bitcoin is a digital currency that allows people to send and receive money online without needing a bank or middleman. It’s decentralized, meaning no government or company controls it. Instead, it runs on a global network of computers that track and verify transactions.
Why Bitcoin is Good for Secure and Anonymous Payments:
- Privacy: Bitcoin transactions don’t require your personal information like a name or bank account. Instead, transactions are tied to a digital wallet address, so your identity remains mostly hidden.
- Security: Bitcoin uses strong cryptography, meaning transactions are secure and nearly impossible to alter. You control your Bitcoin using private keys (like a password), which makes it safe as long as you protect them.
- No Middleman: Bitcoin allows you to send money directly to another person, without needing a bank or payment service like PayPal. This gives you more control and privacy.
- Global and Fast: Bitcoin works anywhere in the world, and transactions are usually processed faster and more cheaply than traditional methods, especially for international payments.
- Low Fees: Sending Bitcoin can often be cheaper than using banks or credit cards, especially for large or international payments.
- Hard to Trace (With Caution): While all Bitcoin transactions are public, your identity isn’t directly tied to them.
Bitcoin offers several benefits for online payments, making it an appealing option. One of its main advantages is lower transaction fees, especially for international payments, compared to traditional payment methods like credit cards or bank transfers. Bitcoin transactions are also faster, often confirmed within minutes, which is ideal for global payments. Since Bitcoin is decentralized, it doesn’t rely on banks or intermediaries, giving users more control over their money and reducing the risk of delays, censorship, or account freezes.
Additionally, Bitcoin provides a higher level of privacy compared to traditional payment systems, as transactions are tied to wallet addresses rather than personal information. This offers security through strong cryptography, and once a payment is made, it cannot be reversed, which is beneficial for merchants. Bitcoin is accessible globally and doesn’t require a bank account, making it a versatile payment method that is gaining wider acceptance among online merchants.
Checking out with Cryptomus on AAS Direct
To buy and send Bitcoin using Cryptomus through a checkout link, follow these steps:
Access the Checkout Link
- You will receive a checkout link from AAS Direct at checkout. Click on the link to open the payment page.
Create a Cryptomus Account (if you don’t already have one)
- If you’re using Cryptomus for the first time, you’ll be prompted to create an account.
- You can sign up using your email, phone number, or a non-custodial wallet if preferred.
- Once signed up, follow the instructions to verify your account, which might involve confirming your email or phone number.
Select Bitcoin as the Payment Method
- On the checkout page, you will see several cryptocurrency options. Select Bitcoin (BTC) as your payment method.
- If the price is displayed in fiat (e.g., USD), Cryptomus will automatically calculate the equivalent amount in Bitcoin based on current exchange rates.
Receive the Bitcoin Wallet Address
- Cryptomus will generate a Bitcoin wallet address (or a QR code) for the payment. This is where you will send the Bitcoin.
Buy Bitcoin on Cryptomus (Optional)
- If you don’t already have Bitcoin, you can buy Bitcoin directly within Cryptomus by using the platform’s P2P trade feature or connecting your bank account/card.
- Alternatively, if you already have Bitcoin in another wallet, skip to the next step.
Send Bitcoin to the Checkout Address
- Open your Bitcoin wallet (either in Cryptomus or another platform).
- Copy the Bitcoin address from the checkout page or scan the QR code.
- Enter the amount of Bitcoin required for the payment.
- Confirm the transaction, and the Bitcoin will be sent to the merchant’s wallet.
Confirm Payment
- After sending the Bitcoin, the payment status will automatically update on the Cryptomus checkout page.
- The merchant will receive confirmation once the transaction is completed and verified on the Bitcoin blockchain.
Important Notes:
- Transaction Time: Depending on network congestion, it might take a few minutes to an hour for the payment to confirm.
- Network Fees: You will also need to account for Bitcoin network fees, which vary depending on the blockchain traffic at the time of the transaction.
This method is straightforward and secure, providing a seamless way to use Bitcoin for online payments via Cryptomus.
Alternative Options to Buy Bitcoin and send at checkout:
PAYPAL:
To buy and send Bitcoin to an external wallet using PayPal, follow these steps:
Set Up a PayPal Account (if you don’t have one)
- Download the PayPal app or go to the PayPal website and create an account by providing your personal details and linking a bank account or debit/credit card.
Buy Bitcoin on PayPal
- Log in to your PayPal account.
- On the home screen, look for the “Crypto” section. It may be labeled as “Buy, Sell, & Hold Crypto.”
- Tap or click Bitcoin to view details, then select the option to Buy Bitcoin.
- Enter the amount of Bitcoin you want to purchase (either in dollars or Bitcoin), and choose the payment method (linked bank account or card).
- Review the transaction details, including fees, and click Buy to confirm your purchase. The Bitcoin will now be added to your PayPal crypto wallet.
Send Bitcoin to an External Wallet
- Once you’ve purchased Bitcoin, go back to the Crypto section in PayPal and select Bitcoin again.
- Choose the option to Send Bitcoin.
- Enter the recipient’s wallet address (you can either type it in manually or scan a QR code if you’re on a mobile device).
- Enter the amount of Bitcoin you want to send and confirm the details.
- Click or tap Send to finalize the transaction. PayPal will show you the transfer fees (if applicable) and the final amount being sent.
- That’s it! You’ve successfully purchased and sent Bitcoin using PayPal.
That’s it! You’ve Successfully Purchased and sent Bitcoin using PayPal.
Cashapp:
Here’s a step-by-step guide for using the wallet address provided at checkout on Cryptomus, but sending Bitcoin from Cash App:
Get the Bitcoin Wallet Address from Checkout (Cryptomus)
- Once you proceed with the checkout on Cryptomus, you will be provided with a Bitcoin wallet address or a QR code to send the payment.
- Copy the Bitcoin address or have the QR code ready if using Cash App on your phone.
Open Cash App
- Log into your Cash App account.
Navigate to the Bitcoin Section
- From the home screen, tap the Bitcoin tab (it looks like a “B” symbol at the bottom of the screen).
Send Bitcoin
- Tap on Send Bitcoin.
- You will be asked to enter the recipient’s wallet address.
- If you have the QR code: You can scan it by tapping the QR code icon in Cash App.
- If you copied the wallet address: Paste the wallet address provided by Cryptomus into the address field.
Enter the Amount of Bitcoin
- Enter the exact amount of Bitcoin needed for the payment as displayed on the Cryptomus checkout page.
- Cash App will show you the equivalent in your local currency (USD).
Confirm and Send
- Review the details carefully to ensure you are sending the correct amount of Bitcoin and to the correct wallet address.
- Tap Next, review any transaction fees, and confirm the transaction.
Verify Payment on Cryptomus
- After sending, return to the Cryptomus checkout page. The transaction should automatically be updated as processing or confirmed once it has been verified on the Bitcoin network.
Important Notes:
- Ensure accuracy: Double-check the wallet address before sending the Bitcoin, as Bitcoin transactions are irreversible.
- Network fees: Be aware that Bitcoin network fees may apply, which Cash App will display before confirming the transaction.
- Confirmation time: Bitcoin transactions may take a few minutes to an hour to be fully confirmed, depending on network congestion.
This method allows you to complete a Bitcoin payment from Cash App by using the wallet address provided by Cryptomus.
Coinbase:
Here’s a step-by-step guide to buying and sending Bitcoin to an external wallet using Coinbase:
Set Up a Coinbase Account (if you don’t have one)
- Go to the Coinbase website (www.coinbase.com) or download the Coinbase app on iOS or Android.
- Sign up for an account by providing your email, phone number, and personal details.
- Verify your identity by uploading a government-issued ID (driver’s license, passport, etc.), as Coinbase requires verification for all users.
- Link a payment method such as a bank account, credit card, or debit card.
Buy Bitcoin on Coinbase
- Log in to your Coinbase account via the app or website.
- On the home screen, tap or click the “Buy/Sell” button.
- Select Bitcoin (BTC) as the cryptocurrency you want to buy.
- Enter the amount of Bitcoin you want to purchase, either in USD or BTC.
- Choose your payment method (linked bank account, debit card, or credit card) and confirm your purchase.
- Review the transaction, including any fees, and click Buy Now to complete the transaction. The Bitcoin will now be added to your Coinbase wallet.
Send Bitcoin to an External Wallet
- On the Coinbase app or website, go to your Bitcoin (BTC) wallet by selecting Assets and finding Bitcoin.
- Tap or click Send.
- Enter the recipient’s wallet address (you can either copy and paste the address or scan a QR code if you’re on mobile). Ensure the address is correct before proceeding, as Bitcoin transactions are irreversible.
- Enter the amount of Bitcoin you want to send.
- Coinbase will display any network fees for the transaction, which depend on the blockchain’s traffic.
- Review the details, then click or tap Send Now to confirm the transaction.
That’s it! You’ve successfully bought and sent Bitcoin using Coinbase.
Crypto.com app
Here’s a step-by-step guide for buying and sending Bitcoin to an external wallet using the Crypto.com app:
Set Up a Crypto.com Account (if you don’t have one)
- Download the Crypto.com app from the App Store (iOS) or Google Play (Android).
- Open the app and sign up by providing your email and phone number.
- Complete the verification process by providing a government-issued ID (such as a passport or driver’s license) and taking a selfie for identity verification. This is required to start buying and trading cryptocurrencies.
- Once verified, link a bank account or credit/debit card to fund your purchases.
Buy Bitcoin on Crypto.com
- Log into the Crypto.com app.
- From the home screen, tap on “Trade”, then tap “Buy”.
- Select Bitcoin (BTC) from the list of available cryptocurrencies.
- Enter the amount of Bitcoin you want to buy, either in USD or BTC.
- Choose your payment method: you can use a credit card, debit card, or funds from your Crypto Wallet if you’ve already added money to your account.
- Review the transaction details, including fees, and tap “Confirm” to complete the purchase.
- Once confirmed, the Bitcoin will be added to your Crypto.com BTC Wallet.
Send Bitcoin to an External Wallet
- After purchasing Bitcoin, go to the home screen and tap on the “Accounts” tab at the bottom of the screen.
- Tap on “Crypto Wallet” and select Bitcoin (BTC) from your list of assets.
- Tap “Transfer”, then select “Withdraw” and choose “External Wallet”.
- You’ll need to add an external wallet address. Tap “Add Wallet Address” and enter the recipient’s Bitcoin wallet address or scan a QR code. Make sure the address is correct, as Bitcoin transactions are irreversible.
- Once the address is added, enter the amount of Bitcoin you want to send.
- Review the details, including any network fees (these are standard fees for processing transactions on the Bitcoin blockchain).
- Tap “Withdraw”, confirm the transaction, and complete any necessary 2-factor authentication (2FA) to finalize the transfer.
That’s how you can buy and send Bitcoin using the Crypto.com app!
Robinhood:
Here’s a step-by-step guide for buying and sending Bitcoin using Robinhood:
Set Up a Robinhood Account (if you don’t have one)
- Download the Robinhood app from the App Store (iOS) or Google Play (Android), or visit the Robinhood website.
- Sign up by providing your email, phone number, and personal information, including your Social Security Number (SSN).
- Complete the identity verification process by uploading your ID (driver’s license, passport, etc.).
- Link your bank account to fund your Robinhood account.
Buy Bitcoin on Robinhood
- Once logged into your Robinhood account, tap on the search icon at the bottom of the screen.
- Search for Bitcoin (BTC) in the search bar and select it from the list of cryptocurrencies.
- Tap Buy and enter the amount of Bitcoin you want to purchase (in USD).
- Choose your payment method (linked bank account or Robinhood buying power).
- Review the details and tap Submit to complete your Bitcoin purchase.
- The Bitcoin will be credited to your Robinhood Crypto Wallet.
Sending Bitcoin to an External Wallet
- Robinhood has started rolling out crypto wallets, which allow users to send and receive Bitcoin and other cryptocurrencies to and from external wallets. If this feature is available for you, follow these steps:
- Tap on the crypto wallet icon or go to your account and select Bitcoin.
- Choose the option to Send Bitcoin.
- Enter the recipient’s wallet address or scan a QR code of their Bitcoin wallet.
- Enter the amount of Bitcoin you want to send.
- Review the transaction, including any applicable network fees.
- Confirm the transaction and complete the 2-factor authentication (2FA), if required.
Check for Wallet Availability
- If the crypto wallet feature is not yet available in your account, you can only buy, sell, and hold Bitcoin within Robinhood. You cannot transfer Bitcoin to an external wallet until the wallet feature is enabled for your account.
Instruction Videos to Buy Bitcoin: