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Bitcoin-Based Tips

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Posted November 18, 2014

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Coinbase released a bitcoin tip button for accepting micro-payments. The tip button can be added anywhere in the web page and enables visitors to tip.

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One click – and content creator has received money. The default amount sent per tip is 300 bits (about $0.10), but sender can customize this.

Traditional payment methods are generally too expensive to support micropayments. Bitcoin is the first open, interoperable payment network that enables small amounts of money to be sent frictionlessly anywhere in the world. Microtips are the perfect application of this technology. Over 30% of orders on Coinbase are $1 or below.

The tip button is easy to use and doesn’t and requires a Coinbase account. Try adding it to your website.

Source: Coinbase Blog

 

 

 

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