Crypto BasicsBeginner

How to accept crypto payments on Shopify

You can accept crypto on Shopify by adding a third-party gateway, setting coins and networks, and keeping US tax records for every sale and filing taxes.

Vahe HakobyanEditor-in-chief Updated Oct 6, 20263 min readFact-checked

Illustration: World-Crypt

On this page

What You Need Before You Start How to Add Crypto Payments After the Sale: Records and Safety FAQ

Key takeaways

Shopify Payments alone does not process crypto.
Choose a gateway that lists Shopify and your coins.
Set coins, networks, and confirmations before orders.
Crypto business income is taxable and needs records.
Use two-factor authentication and limited permissions.

Short answer

You can accept cryptocurrency on Shopify by adding a third-party payment gateway. Connect it in your admin, choose coins and networks, then decide whether to convert payments to dollars or hold them.

Before you start, gather a Shopify store, a gateway account, and the coins and networks you plan to accept. Then connect the gateway and set how you want to receive the money.

What You Need Before You Start

Shopify does not process cryptocurrency itself. You need a third-party crypto payment gateway that connects to Shopify. Choose one that supports the coins you want and the networks those coins use. Check that the gateway's setup instructions name Shopify and cover your checkout flow.

Before you begin

A Shopify store with admin access.
A third-party crypto gateway account.
The coins and networks you plan to accept.
The gateway's Shopify setup instructions.

How to Add Crypto Payments

Connect the gateway through your Shopify admin. Then set the coins, networks, and confirmation rules for each payment.

1Open Shopify adminGo to Settings and Payments. Look for third-party providers.
2Add the crypto gatewayInstall the gateway app and connect your account.
3Set accepted coinsChoose coins and match each to a network.
4Choose confirmationsSet confirmations before Shopify marks an order paid.
5Decide conversionChoose auto-convert to dollars or hold the crypto in the gateway account or a business wallet.

After the Sale: Records and Safety

Crypto sales are business income, and the IRS treats digital assets as property for tax purposes. Report the income at the fair market value in US dollars on the day you receive it. Keep records of every sale, including the date, coin, amount, and value.

After each sale

Record the date, coin, amount, and US dollar value.
Check the digital asset question on your federal tax return.
Turn on two-factor authentication for the gateway.
Give staff limited permissions, not full admin.
Back up wallet recovery information and keep it private.

Frequently asked questions

No. Shopify Payments does not process crypto, so you need a third-party gateway.

Some third-party gateways work with POS, but not all. Check the gateway's compatibility list.

Many gateways refund in dollars or crypto. The crypto amount may differ if the price changed.

The payment may not reach your gateway wallet. Transfers are usually irreversible, so contact gateway support.

Was this guide helpful?

Written byVahe HakobyanVahe Hakobyan is the editor-in-chief of World-Crypt. He covers bitcoin, markets and regulation, and leads the newsroom that fact-checks every story before it goes live.

What You Need Before You Start

How to Add Crypto Payments

After the Sale: Records and Safety

Frequently asked questions

Related guides