We are happy to announce that Verbling is now accepting Bitcoin!
We realized a portion of our customers would appreciate the ability to use Bitcoin and wanted to provide our customers with more choices. Verbling is always committed to innovative approaches and the use of technology to help language learners. We see accepting more forms of payment as a natural extension to making lessons with professional teachers accessible to everyone.
How to pay with Bitcoin on Verbling
- At the checkout page you will have the option to select Bitcoin (just below PayPal option).
- Once Bitcoin is selected, when you click “Complete Secure Checkout” you will be presented with a QR code you can scan with your wallet, such as Coinbase, or you can send direct to the address shown. Keep this window open, once the money is received, it will automatically close and you will be presented with our thank you page. You have 10 minutes before the hash expires.
What is Bitcoin?
Bitcoin is a distributed peer-to-peer network offering a payment system based on “bitcoin”, a completely digital form of currency. Bitcoin can be transferred instantly and securely between any two people in the world.
Why is Verbling accepting Bitcoin?
Bitcoin is a new payment option intended to offer even more flexibility for customers. Bitcoin payments can be made easily from anywhere in the world, and offer reduced payment processing costs. It also allows more users to buy language lessons that might otherwise be limited with currency exchange limitations due to government regulation.
What are the benefits of Bitcoin for consumers?
You have complete control over your bitcoin, so your bitcoin account isn’t tied to any financial institutions, can’t be frozen and carries lower transaction fees than major credit cards.
How do I obtain Bitcoin?
To get Bitcoin, you’ll first need to create a Bitcoin wallet. This is the account from which you can send and receive Bitcoin. Once you have a wallet, you can purchase Bitcoin from an exchange that converts traditional currency to Bitcoin. Bitcoin can also be mined, though this requires high levels of processing power.
What is a Bitcoin wallet?
A Bitcoin wallet is a secure way to store your bitcoin balance. You can send and receive Bitcoin from your wallet at any time, from anywhere in the world, so long as you have an internet connection. You can sign up for a wallet from Coinbase.com.
Is Bitcoin secure?
There are thousands of computers ("miners") constantly running software to ensure the safety of the Bitcoin network, which has never once been compromised.
Where can I find more information on Bitcoin?
Please visit Bitcoin.org or their Wiki FAQ for more information.