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How to pay for your server with Bitcoin

Published on 27 September 2022 Last updated on 27 September 2022

We at VPSBG have always strived to protect our customers’ privacy at all times, which has remained our number one priority over the years.

Because of this, we have been accepting Bitcoin as an alternative payment method for our services for nearly a decade, being one of the first hosting providers worldwide to offer it as an option to our customers.

We even created a separate service - Bitcoin VPS, to allow our clients to directly purchase powerful and scalable virtual private servers using Bitcoin.

As of the last couple of years, we have also begun to accept Bitcoin Lightning Network payments as well, further expanding our range of supported cryptocurrencies, incorporating Litecoin as a payment alternative as well.

As a matter of fact, we have even designed and developed our own, personal Bitcoin payment processing implementation in order to avoid using any third-party processing software, thus resulting in better overall security and privacy protection for all of our customers.

Keeping all of this in mind, in this tutorial, we are going to show you how you can pay for your services using Bitcoin as it is not only easier, but also more beneficial in terms of your security and privacy. So without further ado, let’s dive right into it!

 

Buying a server using Bitcoin

Firstly, you will need to choose a given service, for which you would like to pay using Bitcoin.

If you don’t already have an active service, you can order a new one in a matter of minutes. We have a wide selection of cloud solutions that you can choose from including our powerful VDS and KVM VPS servers as well as our optimized shared hosting plans.

Once you have selected a server, which you would like to buy using Bitcoin, you can proceed to the configuration stage. The configurator window will look like so (options will vary based on the server plan that you have chosen - for this tutorial we will be using a KVM VPS server):

 

configure your VPSBG server

 

Here you can configure your selected server to your liking by changing the different options and selecting any extra addons and the operating system, which you would wish to utilize.

Next, scroll down to the ‘Payment method’ section and select the ‘Bitcoin’ or ‘Bitcoin (Lightning Network)’ option, depending on how you wish to make the crypto payment.

 

choose bitcoin as payment method

 

When you finish customizing your order, simply click on either of the 2 ‘Continue with you order’ buttons that can be found on your screen as highlighted in the following image:

 

click on the proceed with your order button

 

If you don’t already have an account with us, you will be prompted to fill in your billing details and create one. This will enable you to easily manage your services and servers. The registration form will look like so:

 

vpsbg account registration form

 

On the other hand, if you have an existing account, your purchase will be automatically added to your profile and you will be taken to the Bitcoin payment screen with the following message appearing to notify you that the order has been successfully placed:

 

order placed successfully message

 

Paying for an existing server

You can also pay for an existing service using Bitcoin. 

All you need to do is to simply log into your account. From there navigate to the ‘Services’ section and locate the server that you wish to pay for. 

 

How to pay using Bitcoin?

Regardless of whether you are purchasing a new service or paying for an already existing one, you will arrive at the following page, which will contain the details for your service plan and those needed for the Bitcoin transaction. Here is a basic rundown of what each highlighted section means:

 

bitcoin payment area

 

  1. This section contains your customer name and the date of your purchase in the form of a quick overall order/service summary. It is also the place from which you can download an invoice for your transaction in a PDF format. Additionally, you can also cancel your order or apply a promo code if you have one.

  2. The second section holds the Bitcoin address to which you need to send the payment. It is a string of random numbers, letters and symbols and is unique for every transaction.

  3. The third part of the screen - ‘Amount’ contains the amount of BTC that you need to transfer in order to pay for your server. Bitcoin prices are refreshed every 15 minutes in order to be as relevant as possible.

  4. If you want to skip over having to manually input the address and the amount required, you can always scan the provided QR code, which will automatically take care of the transaction using the BTC wallet on the device, which you used to scan the code.

  5. The fifth and final section tracks your payment’s status.

 

Therefore, to summarize, you either need to manually input the address and the amount of required BTC and carry out the transaction from your Bitcoin wallet or you can do this automatically by scanning the QR code.

The information presented on this page is required in order for you to broadcast a bitcoin transaction using your favorite wallet application like Electrum or Ledger Live among others. You can browse each application’s documentation to see exactly how to make a payment for your robust Bitcoin server, as the procedure is unique for every wallet application.

 

How do we process Bitcoin payments?

When you order a given service using Bitcoin, a special and unique Bitcoin address is automatically generated and assigned to your order.

You then receive this address along with the amount of BTC, which you need to send over in order to make a successful payment.

Once the transaction has been broadcasted without any issues, our system will mark your order as ‘Pending confirmation’ and the algorithm will wait until there is at least 1 payment confirmation (in the blockchain).

As soon as your transaction hits 1 confirmation, your service will be instantly activated and your server - deployed.

 

What happens if I underpay or overpay?

Given the nature of Bitcoin, it is possible that you could sometimes deposit more or less funds, based on the price at the moment of carrying out the transaction.

If you happen to send more than the required amount of BTC, your order will be processed and the remaining amount will be automatically added to your account balance. On the other hand, if you happen to send less than what is needed, the order will be marked as ‘Partly paid’. In this case you would need to contact us to provide you with the exact BTC needed to complete your payment.

Overall, paying for your services using Bitcoin is a really good way to protect your privacy. In addition to being secure, it is also a very reliable and convenient way to make international payments without having to pay sky-high fees for overseas transactions.

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