How-to Accept Bitcoin Donations?

You’ve seen other bloggers do this successfully and you don’t want to miss out. How do you add a Bitcoin tip jar to your blog?

Step 1
Choose your wallet software. Lots of choices here. The important thing is, you want the private key to remain private. You don’t want any 3rd party (like a wallet company) having access to your private key. Don’t fall for a scam, choose your wallet carefully. You can find wallet software for your desktop, laptop or mobile phone.

Step 2
Once your wallet is set up, you’ll get a long string of random-looking letters and numbers, and that code is actually your wallet. The letters are “case sensitive.” This code is literally an address in the blockchain that people can send Bitcoins to, and only you have the private “key” to spend anything stored there. Copy-paste your public Bitcoin wallet address to your clipboard and you can paste that address anywhere you want to receive money. While you’re at it, you could add other altcoin wallets, offering even more ways to accept cryptocoins. For example…

Bitcoin BTC – 1Prh5VnUJRQV3sARhEfQAMKv9UzGqgAMXg
Litecoin LTC – LR75FPWouVQNqTDx1Zd7UuNjmQ3rdUfVZ2

Note: Different cryptocoins have different blockchains. So you can’t send a Litecoin to a Bitcoin wallet.