Coinbase is now accepting trade payments in Dogecoin. With the addition of the meme crypto, Coinbase Commerce now allows customers to check out and pay with seven cryptocurrencies.
Coinbase Commerce now supports Dogecoin
- Coinbase Commerce is a platform of the Nasdaq listed Coinbase, which “enables merchants all over the world to accept payments in cryptocurrency completely decentrally”, describes their website.
- The company announced on Wednesday via Twitter:
We are now accepting trade payments in Dogecoin (DOGE).
- According to its website, seven cryptocurrencies are now supported. Customers can “check out and pay with Bitcoin, Bitcoin cash, Dai, Ethereum, Litecoin, Dogecoin or USD coins”.
- The website continues, “All payments enabled by Coinbase Commerce are fully decentralized and peer-to-peer. This means that the cryptocurrency goes straight from your wallet to a wallet that only the merchant can access. At no point in this flow does anyone except the trader, including Coinbase, have access to these funds. “
- In June, Nasdaq-listed company added Dogecoin and its competing meme coin Shiba Inu (SHIB) to Coinbase Pro.
- Coinbase is now expanding worldwide. The company recently received approval for Germany and Japan. It is also building a crypto hub in India and hiring hundreds of people. In addition, Coinbase plans to launch an Apple-like crypto app store.
What do you think of Coinbase Commerce adding Dogecoin as the 7th supported cryptocurrency? Let us know in the comment section below.
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