Bitcoin, Crypto currency, Blockchain

Coinbase Commerce: The new PayPal?

394959575556f259297b89aeb2ab14aa - Coinbase Commerce: The new PayPal?

Coinbase, one of the most popular crypto exchanges in the world and arguably the greatest Fiat-To-crypto exchange in the USA, has just released a new Feature which could be the digital payment industry is encouraging.

In a Medium blog post, the company is from the Bay Area announced the launch of Coinbase Commerce – this gives traders the opportunity of digital currencies to accept. Companies around the world can now use Coinbase Commerce to accept Bitcoin, Bitcoin, Cash, Ethereum and Litecoin payments for their products and services.

What Coinbase Commerce?

In short, Coinbase Commerce is a new Service which allows traders with a variety of crypto-currencies to accept, directly in a user-controlled Wallet. According to Coinbase, there are several advantages for your new product:

“We have in the case of Coinbase it our Mission to open the financial system to create. That is why we have developed this solution for traders worldwide. In contrast to our previous Merchandise is Coinbase Commerce is not a hosted Service, so traders have full control over your own digital money.“


Source: Coinbase Commerce

“Coinbase Commerce can be directly integrated in the Check-out to a merchant or as a payment option on an E-Commerce platform will be added,” said Coinbase. The Service is also easily accessible, as the E-Mail address and the phone number of the dealer are sufficient for registration. As soon as your registration has been approved, you can receive payments in Bitcoin, Bitcoin, Cash, Ethereum and Litecoin.

Coinbase also announced that Shopify has one of the world’s largest E-Commerce platforms, Coinbase, Commerce, already built on the Shopify platform.


Source: Coinbase Commerce

With this new Service, the E-Commerce world is trying to Coinbase to revolutionize. This comes at a time when several companies crypto-currencies start as a means of payment to accept, including Microsoft, Expedia Inc. and Overstock.com

Coinbase – One of the most popular crypto exchanges

Source: Coinbase

Coinbase, based in San Francisco, was founded in 2012. Along with the price increase of Bitcoin and other crypto-experienced, currencies in the year 2017, the users saw the numbers from Coinbase also a comet’s growth. Last November, just a day after CME announced that it would add to the end of the year Bitcoin Futures its Offerings, won by Coinbase in a single day more than 100,000 new users.

Coinbase is the largest Bitcoin exchange in the United States and to buy one of the most popular ways of digital currencies such as Bitcoin, Ethereum and Litecoin and sell. According to the Coinbase site, the company has been able to show the last November 2017 had already reached 11.9 million users.

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