HomeНаука и техникаRelated VideosMore From: Matthew Sabia

How To Accept Bitcoin on Shopify

445 ratings | 8782 views
In this video I show you how to accept Bitcoin and other cryptocurrencies in your Shopify stores. 🎧 Music: “Raw” by Johnny Rock 🎙 Voiceover/Quote by Brock Pierce Whether you love it or hate it, Cryptocurrency and it’s foundation, blockchain technology is the future of the internet as we know it. Or as Brock Pierce (founder of EOS and Blockchain Capital) calls it, “it’s the new internet. -It’s the upgrade.” And just like the earliest Bitcoin investors who made hundreds of millions in a matter of years, it’s the early adopters who come out ahead… So let’s setup your eCommerce business for success. This is how you can accept Bitcoin and other cryptocurrencies in your Shopify store. I’ll show you how to accept payments with Bitcoin, Ethereum, Litecoin and Bitcoin Cash through your checkout pages. 🛠 Step 1: Enable The Alternate Payment Gateway in Shopify From your Shopify dashboard navigate to Settings then Payment Providers and you’ll be able to see all the current payment options you have available in your store durring checkout. Scroll down until you see the Alternative Payments section. From here you’ll see a large list of 3rd party payment gateways and processors to choose from. In this video we focus on using Coinbase Commerce and BitPay. Coinbase let’s you accept Bitcoin, Ethereum, Litecoin and Bitcoin Cash, while BitPay is solely used for Bitcoin payments. Coinbase is by far the world’s biggest crypto-exchange and management platform. It’s also the most popular with people just starting out in the crypto space. This is the gateway I choose to use on the Shopify stores, but a lot of people have security/trust concerns with Coinbase. It you fall into that category you can also choose to use BitPay which is also free to use and just as easy to setup. Depending on what you choose, use the links below to signup and create your account on the gateway you’d like to use. ➡️ Sign Up For Coinbase Commerce: https://Commerce.Coinbase.com ➡️ Sign Up For BitPay: https://BitPay.com 🏦 Step 2: Setting up Your Payment Gateway/Merchant Accounts Once you’ve selected who you’re going to use to accept payments you’ll need to setup and verify your account with them. Each service is free to sign up to and only takes 5 minutes to fill out and verify all your details. Basic things like your name, email, business information and where to deposit funds to. You can choose to have payments automatically converted into US dollars and deposited into a regular bank account or sent directly to a crypto wallet for safe keeping. (Some fees apply when transferring to a bank). 🔗 Step 3: Linking Your Account Your Shopify Store Once everything is setup and ready to go you just need to link your new account to your Shopify store via copying and pasting the provided API keys in the Alternative Payment gateway section we found earlier. For Coinbase Commerce you’ll find your default API key right on your main dashboard after logging in. For BitPay, you need to navigate to Payment Tools, Integration Resources then Legacy API Keys. Click the “Add New API Key” button at the top to create a new key. Before you copy it click edit and rename it to something you’ll recognize to keep your account organized as you add more websites. So if you only intend on using it on this one website title it something like “Shopify” or enter the names of each store. Once you have your API keys created and ready to go, navigate back to Shopify and paste them into the new gateway and click save. That’s it! I hope you guys enjoyed this video. Make sure to click subscribe to get my latest uploads and use the links below to follow me on Instagram, Twitter and Facebook. Check out some of my other videos and guides: 💰 How I Make $1,783/Week on Shopify With FREE Instagram Traffic https://www.youtube.com/watch?v=z-5ShVYdsd8 💸 How to Get Instagram Influencers to Promote Your Products for FREE: https://www.youtube.com/watch?v=VclezgLyKOY 💡How I Got Started & Why I Do What I Do: https://www.youtube.com/watch?v=OLbA7NLfwWs
Html code for embedding videos on your blog
Text Comments (51)
Matthew Sabia (6 months ago)
💡 What are your thoughts on Blockchain and cryptocurrency? And what do you think the main benefit of accepting crypto on Shopify is? Let me know here in the comment section!
The Coconut Island (3 months ago)
Hi Matthew i just started studying cryptocurrency. And Im really excited accepting bitcoin in my store..currently I haven't made my first sale yet. Regarding coinbase..is there anyway I can open a coinbase acct? Currently, the country of residence is not coinbase supported.
Jaymes Couture (4 months ago)
btc, eth, ltc seem to have settled down for a while. cashed out half before it dropped. thinking still good idea to keep buying at low prices.
Abdelgadir Mohamed (1 month ago)
Hi I want to know how you ship with oberlo .. How oberlo work ? Plz, give us complete guide to using oberlo Thanx
Matthew Sabia (1 month ago)
+Abdelgadir Mohamed Not sure what that was to do with accepting Bitcoin on Shopify. But you can Google it.
Bashar restaurant (1 month ago)
What is this Aliexpress need verification for my payments? have 2 orders i need to buy and dropship. Why dont they just take bitcoin
Bashar restaurant (1 month ago)
Two weeks ago i watched your first video, till today I made $222.33 ofc I'm down $40 but i learned alot :D. Thank you
Bashar restaurant (1 month ago)
Matthew Sabia just did 👍
Matthew Sabia (1 month ago)
DM me on Instagram: @MatthewSabia
Matthew Sabia (1 month ago)
DM me on Instagram: @MatthewSabia
Bashar restaurant (1 month ago)
Tell me if you need any help with anything, I'm ready to give back. It can be anything. anything you need. A 5-star review for your Kindle ebook. anything, just message me. ps. I'm UK based.
Matthew Sabia (1 month ago)
That's awesome! Congrats!
Henry Destin (2 months ago)
Wonderful info! Don’t you just lose a lot of sales by disabling the PayPal payment method? Or there’s a way of receiving the PayPal money but not through paypal? I am just asking if anyone knows that can let me know
Matthew Sabia (2 months ago)
Henry Destin For anything that’s not extremely low risk or a digital product, yes. Right now I have a PayPal account with $8k+ sitting in it I won’t be able to touch until December. So I made the money, but it really doesn’t matter since PayPal just hold it and will wind up giving half of it back to customers and letting them keep free products.
Henry Destin (2 months ago)
Matthew Sabia you receive cards payment and that’s all? Man that’s sick....
Matthew Sabia (2 months ago)
You wind up losing most of it anyway and it takes up dozens of hours every month fighting it.
mild728 (2 months ago)
Thanks for the videos Matthew! Very helpful and straight to the point. Looking forward to seeing more! :)
Matthew Sabia (2 months ago)
Thanks!
ssahagun1 (2 months ago)
From the perspective of the user, I'm not seeing a corresponding "Pay in Crypto" option.
Frederico Felicíssimo (3 months ago)
you put the wrong email btw, you put mathewsabia1 instead of mathewsabia2 ...
Bashar restaurant (1 month ago)
I just paused the video at the scene just to see if anyone else spotted that TINY error lol. (ps silly me i thought the primary email would be [email protected] and not [email protected])
Matthew Sabia (3 months ago)
+Frederico Felicíssimo I think we’ll be amazing friends ❤️
Frederico Felicíssimo (3 months ago)
+Matthew Sabia apology accepted 👍
Matthew Sabia (3 months ago)
+Frederico Felicíssimo I’m sorry. I should probably just delete this channel now. I apologize for inconveniencing you.
Hassan Zerhouni40 (3 months ago)
unfortunately . we have not coinbase in our contry . its stopped. i have myetherwallet or . bitcoinwallet
Nagiyeva Elvira (3 months ago)
Hi, everyone! Is someone here who can advice my a good cryptopayment solution for Shopify web page? I want to implement cryptopayment service in my onlinestore. I will really appreciate your help)
Matthew Sabia (3 months ago)
You just commented on a video that shows you step-by-step how to do exactly that...
Rabii Kessis (3 months ago)
That was Mike Novagratz speaking in your intro, isn't he?
Matthew Sabia (3 months ago)
Nope. It's Brock. :)
Melena Diosa (3 months ago)
Just found your page and love the good rich info.
Matthew Sabia (3 months ago)
:)
Niloy Deb (3 months ago)
Hey man, you are just osam.
Matthew Sabia (3 months ago)
I try.
Paul McGowan (4 months ago)
Thanks for the nice walkthrough Matt, I just setup #Coinbase payments on our online apparel store using this guide - check us out here at http://www.firelake.co.uk and use code TWENTY for 20% off :-)
Don Lipscomb (5 months ago)
blockchain is the future along with cryptocurrency its slowly becoming a real currency
Matthew Sabia (5 months ago)
+Don Lipscomb 💯
KAAN ÖZTÜRK (5 months ago)
Hello Justin , i wanna ask you important question , i am from turkey so stripe does not support here , i have a payoneer account i but today i talked with one company in usa , they arrange all stripe and payoneer transactions and they arrange all taxes from sales but they want %25 percent of my revenue , do you think is it smart to cooperate with them? other wise i think i need to open company in usa for taxes , because people says stripe blocked the stores which doesn't have esn number , thank you!
Jan Berge (5 months ago)
Yeah, ever liked PayPal either.
mochacream (5 months ago)
Thank You, 2 thumbs up.
Bosey (5 months ago)
hey man do you need to send your ID or something to coinbase or bitpay ? thanks
Bosey (5 months ago)
okay thanks for replying
Matthew Sabia (5 months ago)
+Bick For some Coinbass services you’ll need to verify your account to make transfers.
Bosey (5 months ago)
hey man do you need to send your ID or something to coinbase or bitpay ? thanks
ELITE 18 (5 months ago)
Hi there, I was trying to open a shopify store two days ago. To see if finally I could grow financially and pursuit my dreams. I don't know how to get everything done and sell products. Your videos are amazing. Can you please help me?
Matthew Sabia (5 months ago)
+ELITE 18 I’ll me making videos on other elements of setting up an ecommerce business very soon. Stay tuned!
MR - 01 Gentle (5 months ago)
wow, really good and useful information in this video. really appreciate it. thanks for the great video.
symbologee (5 months ago)
If you make Shopify starter sites to flip (Starter Site Toolkit)...can you just be a Shopify Partner instead of having the monthly membership?
liza Evaan (6 months ago)
Hi.do you use aliexpresse for your jewelry store for drop shipping ???
MK-Kingsley (6 months ago)
Yo bro I would love to collab with you, you seem like a cool guy and I know we can learn a lot from each other🔥I MADE 119K🔥 last month with Shopify
MK-Kingsley (6 months ago)
Matthew Sabia I shot you DM
Matthew Sabia (6 months ago)
+MK-Kingsley Shoot me a message on Instagram or Twitter, I’ll be looking for your name. 😎

Would you like to comment?

Join YouTube for a free account, or sign in if you are already a member.