BITCOIN (BTC) – GUIDE
What is Bitcoin, why we recommend using Bitcoin on Os Gear, how to buy BTC via Coinbase or Bitit, and how to pay using your personal Electrum wallet.
What is Bitcoin?
Bitcoin is a decentralized digital currency that is not controlled by any central authority, government, or traditional bank. It functions essentially as cash on the internet, existing purely in electronic form and generated globally by software solving complex mathematical problems. Anyone with a computer or smartphone and an internet connection can set up a Bitcoin wallet and send or receive payments anywhere in the world.
Why Choose Bitcoin for Payment on Os Gear?
Using Bitcoin (BTC) at checkout provides three major advantages over traditional payment channels:
- 1. Complete Anonymity and Privacy: Your personal identity is not tied to your Bitcoin wallet addresses. Even though cryptocurrency exchanges where you purchase BTC using USD or EUR (such as Coinbase) require standard account verification, your personal Bitcoin wallet (such as Electrum) and all subsequent transfers from that wallet remain completely disconnected from your personal identity. For enhanced privacy, you can always transfer purchased BTC from an exchange to your personal Electrum wallet before sending payment to Os Gear.
- 2. Faster Order Processing and Delivery (Saves 1 to 2 Days): Paying with Bitcoin shortens total order processing and delivery times by one to two full days. Traditional alternative transfer methods can take up to forty eight hours just to provide payment confirmation, whereas Bitcoin broadcasts and confirms on the blockchain in minutes, plus qualifies automatically for our ten percent Bitcoin checkout discount.
- 3. 24/7/365 Worldwide Availability: Unlike traditional banking portals that are restricted by business hours, weekends, or bank holidays, Bitcoin transactions can be initiated twenty four hours a day, seven days a week, 365 days a year from anywhere with internet access.
How to Buy Bitcoin: Popular Platforms (Coinbase, Bitit, LocalBitcoins, Wall of Coins)
Depending on your region and preferred funding method, you can purchase Bitcoin quickly through these established platforms:
- Coinbase (US, Canada & Europe): Coinbase is one of the most popular and user friendly online exchanges for customers in the United States, Canada, and Europe. You can buy Bitcoin using a linked debit card, bank account, or online wallet, and then withdraw your BTC directly to your personal Electrum wallet.
- Bitit (3D Secure Cards & Cash Vouchers): Bitit allows users to buy Bitcoin online using a 3D Secure credit or debit card in roughly ten minutes, or by redeeming cash vouchers such as Neosurf, Flexepin, or Cashlib purchased from local retail stores.
- LocalBitcoins, Wall of Coins & Cash App: Peer to peer marketplaces, cash deposit services, and mobile apps like Cash App allow fast Bitcoin purchases with rapid external wallet withdrawals.
Setting Up Your Personal Wallet (Electrum) and Paying on Os Gear
To maintain full control and privacy over your funds, we recommend using a lightweight personal Bitcoin wallet such as Electrum rather than sending payments directly from an exchange:
- Step 1 , Install Electrum & Back Up Your Seed Phrase: Download the lightweight Electrum wallet for your computer or smartphone. Unlike full node wallets that require downloading the entire blockchain history, Electrum connects to remote servers to save disk space and time. When creating your wallet, Electrum generates a twelve word recovery seed phrase. Write this seed phrase down on paper and keep it safe so you can always restore your funds if your computer ever crashes.
- Step 2 , Set Base Unit to BTC in Electrum: By default, Electrum may display balances in mBTC (one thousandth of a Bitcoin). You can switch this to standard BTC by opening Tools > Preferences > Appearance > Base unit and selecting BTC.
- Step 3 , Fund Your Personal Wallet: Copy your receiving address from the Receive tab in Electrum and withdraw your purchased Bitcoin from Coinbase, Bitit, or Cash App into your Electrum wallet.
- Step 4 , Send Payment to Os Gear: Select BITCOIN (BTC) on the Os Gear Checkout page to receive our unique recipient Bitcoin wallet address and the exact BTC amount required for your order. Open your Electrum wallet, go to the Send tab, paste the Os Gear recipient address into the “Pay to” field, input the exact BTC amount, and click Send. For maximum privacy, generate a fresh address for each individual transaction.