What are Bitcoins?
Bitcoins (BTC) are the most widely used decentralised digital currencies, or cryptocurrencies, in the world. Actually, Bitcoin isn’t just a currency; it’s an entirely digital asset that Satoshi Nakamoto invented and published in 2008.
Since 2009, a growing number of service providers and online stores have begun to accept Bitcoins as a form of online payment. Many large online stores, however, have yet to accept cryptocurrencies. This is due to volatility and the fact that clients who pay for services with cryptocurrencies are not covered by chargeback alternatives.
This is also why choosing a Bitcoin hosting company should be done with caution. While it’s fantastic for the provider to be protected from fraudulent chargebacks and stolen PayPal accounts, you, as a consumer, run the danger of falling victim to a scam and never receiving any service or reimbursement. The specifics will be discussed further down.
How to Buy VPS with Bitcoins
If you wish to buy VPS with Bitcoins, there are a few things to keep in mind. We’ll walk you through the entire process so you can make an informed decision and avoid wasting money.
Buy or Mine Bitcoins
The first step is to obtain cryptocurrencies, which may be done by purchasing or mining them. You may acquire cryptocurrencies on Bitstamp, for example, which is a trustworthy exchange provider.
The second alternative is to “mine” cryptocurrencies yourself. cryptocurrencies mining on your own PC or server is unlikely to be profitable. Joining a cryptocurrencies mining pool, where a large group of people pools their resources for the common goal of producing cryptocurrencies and sharing the earnings, is your best bet.
Find a Bitcoin VPS Provider
You’ll need to find a hosting company that takes cryptocurrencies as a payment method once you’ve received your cryptocurrencies. If you wish to buy Linux VPS with Bitcoin as a payment mechanism, your best bet is to do a Google search for “theserviceyouneed cryptocurrencies,” for example “vps bitcoin.”
While there are a few VPS companies that accept cryptocurrencies, not all of them are trustworthy. In the next section, we’ll explain how to make sure you make the best decision possible. All of JavaPipe’s hosting services, including domain registrations and SSL certificates, accept cryptocurrencies as payment.
Verify the Bitcoin Hosting Provider
You shouldn’t just go ahead and acquire the products once you’ve identified a source who provides the service you require! A chargeback or reversal of a cryptocurrencies transaction is not possible, as previously stated. It’s also a secure means of payment.
Criminals have a window of opportunity because of the following facts. Criminals establish websites where you can purchase services with cryptocurrencies more frequently than you may expect. You will never receive the service if you purchase it, and the fraudsters will keep your cryptocurrencies.
As a result, you must ensure that you have chosen a reliable and established cryptocurrency VPS hosting company before making any payment. We recommend that you take the procedures below for your own safety:
Research: Type “providername + reviews” into Google and see what comes up.
Search for the provider on social media sites such as Facebook and Twitter. Every serious provider will have a social media presence with at least 300 followers/likes. Also, make sure to look at the Facebook reviews.
For example, JavaPipe.com was established in 2004, its WHOIS database has the owner’s true contact information, there are only positive reviews about us, and we have active Twitter and Facebook accounts. This is the perfect profile of a company you can trust and pay with cryptocurrencies safely.
Conclusion About Bitcoin for Hosting Payments
Buy VPS with Bitcoin is a safe and convenient method to pay for services like web hosting. Payments are (nearly) instantaneous, which is a significant benefit. We believe in and support decentralised currencies like Bitcoins, and we would that more service providers did as well.
Consumers’ lone drawback is the inability to reverse a payment. This aspect necessitates conducting due diligence on the service provider prior to making any payment. Make a payment only if you are certain the service is trustworthy, or else be prepared to lose your money.
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