IPTV providers face growing challenges due to the withdrawal of traditional payment methods like credit/debit cards and PayPal. This creates an ongoing struggle for both providers and customers, leading to service disruptions for some and widespread frustration.
With these traditional options disappearing, cryptocurrency is emerging as the only viable payment method for some providers. This trend may even accelerate, potentially leaving cryptocurrency as the sole payment option in the future.
Table of Contents
What is Cryptocurrency?
Cryptocurrency is digital money you can use online, without banks or governments involved. Bitcoin is the first and most well-known cryptocurrency, launched in 2008.
How to Buy Cryptocurrency
Multiple platforms allow you to buy cryptocurrency. Once purchased, your crypto resides in your digital wallet, much like money in your bank account. You can use your stored crypto to purchase goods and services, trade it for other cryptocurrencies, or simply hold it for future use. However, bear in mind that the value of cryptocurrencies can fluctuate significantly.
How to Buy Bitcoin (BTC)
- Create a free account on the Uphold website or app and verify your identity. Simply visit https://uphold.com/signup or scan the QR code below and enter your new account information. The process is free and easy.
- Choose your payment method and connect your Uphold wallet to your debit/credit card, bank account, or external crypto wallet.
- Buy BTC and store or trade your BTC on Uphold.
Once you’ve purchased BTC, you can:
- Store it on the secure Uphold wallet (accessible via mobile or desktop), or
- Trade it for other assets like crypto, stablecoins, and metals right from your Uphold wallet.
- Send it as payment for goods and services online, e.g. an IPTV subscription.
How to Buy BTC With a Credit or Debit Card
The quickest way to get started. Uphold supports both Visa and MasterCard.
- Tap Transact on your portfolio screen
- Tap ‘From’ and select ‘Credit or Debit cards’
- Tap + and enter your card details, choose your preferred currency and tap ‘Add card’
- Choose the amount you want to transact
- Tap ‘To’ and choose ‘BTC’
- Tap ‘Preview deposit’ to see how much you’re going to deposit
- If you’re happy with the transaction details tap ‘Confirm’ and buy BTC
How to Send Your BTC
- Tap Transact on your portfolio screen
- Tap ‘From’ and select ‘Bitcoin’
- Enter Bitcoin amount you want to send or tap ‘Expand’ and specify the amount
- Tap ‘To’ and select ‘Bitcoin’ under ‘Crypto networks’
- Tap ‘Bitcoin network’
- Tap ‘Preview withdraw’ and enter external Bitcoin wallet address
- Click on ‘QR icon’ which will open your camera
- Scan the QR code of your destination address
- Tap ‘Continue’
- Tap ‘Preview withdraw’ to check transaction details
- Tap ‘Confirm’
- Wait for the confirmation email.
