There are many VPS and Web hosting providers that accept Bitcoin as payment.
But, it’s not possible to trust all providers. There are many factors you should consider before buying a website hosting plan with bitcoins.
What Are Bitcoins?
Bitcoins(BTC) are one of the most used types of decentralized digital currencies. Bitcoin is not just an asset, it’s a digital currency that Satoshi Nakamoto invented in 2008 and published.
Since 2009, more service providers and online shops have accepted Bitcoins online as a payment method. Bitcoins have not been accepted by most major online shops. The reason is fluctuation, and customers are not covered by chargeback options if Bitcoins were used to pay for services.
How To Safely Purchase A VPS With Bitcoins?
There are several key things to remember when buying a cheap Virtual Private Server or any other Bitcoin-based hosting service. We will guide you through this process so you can make a smart choice and not lose any money.
1. Buy Bitcoins, Or Mine Them
The first step is to acquire Bitcoins. You can either buy or mine them. You can purchase Bitcoins using Bitstamp which we highly recommend.
The second option is to “mine your bitcoins.” The second option is to “mine” your Bitcoins. It is a good idea to join, a Bitcoin mining pool. This allows you to share the profits and work together with others.
2. Locate A Bitcoin Virtual Private Server Provider
After you have obtained your Bitcoins, it is time to search for a hosting company that accepts Bitcoin payment. Google will do a good job of finding a hosting provider that accepts Bitcoin as a payment option.
Although there are several VPS providers offering Bitcoin payments, not all can be trusted. Next, we will tell you how to ensure that you make the right decision. 1Gbits allows Bitcoin payment for all of its cryptocurrency hosting services. This includes domain registrations and SSL certificates.
3. Verify The Bitcoin Hosting Provider
Once you have found a provider who offers the service that you need, don’t forget to check out the products before you buy them. You cannot issue a chargeback and revert Bitcoin transfers as we mentioned. It also has an anonymous payment method.
The above facts offer criminals a wide range of opportunities. Criminals are creating websites offering services that you can pay with Bitcoins more often than you may think. The service is not delivered to you if you don’t buy it. Instead, the crooks keep your bitcoins.
Before you pay any money, it is important to confirm that the Bitcoin VPS host provider you selected is reliable. These steps are recommended for your safety:
Conclusion About Bitcoin Hosting Payments
Bitcoins are an excellent and secure method to pay for services, such as web hosting. Bitcoins are fast and easy to use, which is a major advantage. We back decentralized currencies, such as Bitcoins. We wish more service providers would.
The only problem for consumers is the inability to revert any payment. This makes it compulsory to investigate the service provider before you make any payments. Do not make any payment until you are 100% sure the provider is reliable or ready to lose your money.