The below 3-step guide will walk you through the process of how to pay a bitcoin invoice.
Step 1: Get a Bitcoin Wallet
There are various options available for a bitcoin wallet each with varying benefits. For this guide, I will be using a third-party service called blockchain.com
#1. To set-up a bitcoin wallet head over to blockchain.com and click on ‘Get Started’.
#2. You will be redirected to a sign-up where you will need to create a wallet account using your e-mail and a password.
That’s it! You just created a bitcoin wallet that you can now use to pay bitcoin invoices. You can use the Send/Request buttons to send or receive bitcoin.
Step 2: Purchase Bitcoin
Once you have created your Bitcoin Wallet, its time to fill it up with some bitcoin. To purchase bitcoin the most convenient and secure way is to use a bitcoin exchange.
- Select Buy Crypto.
- Select the Bitcoin.
- Enter the amount you’d like to buy denominated in your local currency or in crypto.
- Choose your payment method.
- Click Next.
- Review the purchase details on the Checkout screen.
- Click Buy.
Step 3: Pay your Bitcoin Invoice
Once you have bitcoin in your wallet you can now pay bitcoin invoices.
To pay the invoice you have to:
1. Copy the Bitcoin Address:
The bitcoin address can be copied and pasted in your desired wallet to make the payment.
2. Copy the amount in BTC:
Once you have copied the bitcoin address, you have to copy the amount mentioned in the invoice. Make sure to copy the amount mentioned in BTC and not the fiat currency (USD, Euro, etc.).
3. Send the Bitcoin
In your wallet, click on the ‘send’ button which will open a pop-up window. Enter the copied bitcoin address and amount in the respective sections and make the payment.