What is Bitcoin?
What is Bitcoin (BTC)?
Bitcoin is a cryptocurrency on the Bitcoin network. Here is a plain-English explainer — and how to accept Bitcoin payments on your website.
Bitcoin in brief
Bitcoin (BTC) settles on the Bitcoin network. As a merchant you can accept it directly, without a bank or a card network in the middle, and without a chargeback window.
With Payora you can accept Bitcoin at 0%: a unique Bitcoin address is generated per invoice, the payment is watched on-chain, a signed webhook confirms it, and the amount is credited to your balance.
- Network: Bitcoin
- Ticker: BTC
- Accept it with Payora at 0% to accept
- Works with WooCommerce, Magento, WHMCS and 19 more platforms
Accept Bitcoin on your site
What this page answers
- what is Bitcoin
- how Bitcoin works
- Bitcoin explained in simple words
- is Bitcoin good for payments
- how to accept Bitcoin
- BTC for online stores
- Bitcoin for business payments
- sending and receiving Bitcoin
- network fees when paying in Bitcoin
- wallets that hold Bitcoin
- how long a Bitcoin payment takes
- payment gateway for Bitcoin
