Assets, Bitcoin

Does WooCommerce Support Bitcoin?

Yes, WooCommerce does support Bitcoin. Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million.

NOTE: Warning: WooCommerce does not natively support Bitcoin payments. You may need to install a third-party plugin or add-on to enable support for accepting Bitcoin payments on your store. Before making any changes to your store, make sure you understand the security implications of using a third-party plugin or add-on.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services.

As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.

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