Accepting cryptocurrency for your small business or as a freelancer is easier than you think. Here are tips for creating Bitcoin invoices to get paid.
One Address Per Invoice
Generate a unique Bitcoin receive address for each invoice using your wallet. This lets you track payments and prevents address reuse for privacy.
Tag each address with an invoice ID, customer name, etc. When you see the deposit hit the blockchain, you’ll know who paid.
Add Payment Instructions
Since you’ll want to ultimately price in fiat, include clear guidance for customers on calculating the exchange rate at time of payment.
Point them to a trusted exchange rate API to determine the amount of crypto needed to settle the bill based on a EUR or USD amount.
Email Or Print The Invoice
Email the invoice as a PDF attachment, or print and mail it physically if providing an in-person service.
Make sure the correct receive address, amount due in fiat, and crypto payment instructions are clearly visible.
No Need For Third-Party Tools
Expensive merchant services like BitPay are overkill for sporadic crypto invoices. An address and simple instructions suffice in most cases.
Focus on providing amazing service to customers rather than building crypto payment infrastructure right away. Start simple.
Accepting cryptocurrency can be a breeze with just a bit of preparation. Set yourself up to get paid in Bitcoin or other cryptos without any hassle.
