There is no denying that the 21st century brought us various technological innovations and one of those developments is, cryptocurrencies. Today, these digital coins – the most prevalent being Bitcoin – are increasingly popular, which is why people now have the choice of purchasing a wide array of things with them.
If you require VPS hosting for your site, you might be wondering whether or not you could acquire it with Bitcoin. To answer this particular question right away, yes, you could utilize it for purchasing a virtual private server, however, there are some things that you must consider. Before we look at the factors that you must consider, let’s learn what BTC and VPS are:
BTC & VPS: Explained
We all know that Bitcoin is the most popular and purchase cryptocurrency out there, however, it’s also thought to be a digital asset, one that was created by Satoshi Nakamoto fourteen years ago. Once it became popular, a lot of E-commerce stores and service providers started accepting this currency as a form of online payment, which is why you could now use it for acquiring a VPS.
A Virtual Private Server or as it’s more commonly referred to as VPS is a dedicated server that’ll permit you to manage your website as you prefer, suggesting that you could use it to its full extent. By using this particular server, you won’t experience any problems coming from other websites and there are other advantages of utilizing it, e.g., you could improve the privacy and security of your site and how fast it loads.
What Factors Should I Consider Before Purchasing a VPS With BTC?
We’ve already mentioned that it’s entirely possible for you to purchase a virtual private server with BTC. However, since buying it with BTC might mean that you aren’t protected from chargebacks, it’s extremely important that you learn what factors you’ll need to consider before choosing a hosting provider. To ensure that you stay protected, here is our list of the factors that you’ll need to think about before moving on with the purchase:
1. Secure Your BTCs
If you haven’t previously purchased or mined your coins, this will have to be your first step in the entire process. Now, there is a wide range of platforms that’ll allow you to purchase Bitcoins, hence, if you want to make the process easier, you can simply find a reliable site, purchase the digital assets, and then move on to the next step. However, if this is something that you don’t want to do, you could also choose to mine the coins.
If you opt for the second option, you should know that it won’t be enough for you to use your computer and one of those mining BTC servers, mostly because this will take a lot of time. Instead, you might want to choose to join a BTC mining pool where a lot of individuals provide resources that’ll allow you to earn the coins and share the revenue it generated. Whatever option you choose, make sure that it’s legit so that you don’t get scammed.
2. Look For a Provider
Once you obtain the digital coins, you have to find a hosting company that takes payments in BTCs. You could always perform a Google search, but, there are a few things that you must pay attention to. For instance, if you utilize Linux as the main operating system, you’ll have to find a firm that offers packages for it. Because of this, it’s crucial that you learn more about the packages you could opt for. There are firms that take BTC, but of course, you cannot trust them all, which leads us to our next point…
3. Verify The Company
If you’ve found several companies that’ll enable you to buy a VPS by using BTC, your next step is to verify them. As we stated, there is no way to withdraw a BTC transfer and it’s completely anonymous, thus, you must be extra careful when selecting a provider. For starters, you should Google the organization and look for reviews left by previous clients. If there are more negative than positive testimonials, move on to the next organization.
Also, it may be wise to look at social media accounts and pages. All serious companies will be present on these websites and they’ll most likely have more than 500 followers, which is why you must check them out. Lastly, their official site can tell a lot about them, so, you must ensure that they’ve displayed the email address, physical address, telephone number, and a customer support number on their site, otherwise, they might be trying to hide something from you.
4. Compare Everything!
By now, you’ve probably narrowed down your list of providers and if so, your last step is to compare everything so that you can find a VPS provider that’ll suit the needs and requirements you have. You should start by analyzing the services they offer. Does one company offer packages for Linux while the other one doesn’t? Is it cheaper to opt for packages of a newer company or should you decide to work with one that has been working in the industry for quite some time?
Analyzing and comparing everything about these companies will help you choose a suitable, affordable, and reliable company to work with, thus, you shouldn’t neglect to do this. You should remember, that opting for the wrong option might cause you to lose more money in the long run, which is why you should take your time, don’t rush the process, and examine each of the alternatives thoroughly before making a decision.
Although it’s entirely possible for you to acquire a virtual private server by using cryptos, there are still a lot of factors that you’ll have to consider. By considering the factors we’ve mentioned above, you’ll be capable of choosing something suitable for yourself, but more importantly, you’ll make sure that you don’t get scammed.
By now, you probably understand what you’ll have to do in order to buy a VPS by using BTCs, and if so, don’t lose any more of your time. Instead, you might want to start with the first thing we’ve mentioned, which is either mining or purchasing the digital assets you’ll require for the transaction.