Tue, February 27

Coinbase Commerce Accepts Payments in DOGE

Coinbase Commerce Accepts Payments in DOGE Altcoin News

The Crypto industry is marching forward to higher levels as the world is very much interested in moving into the digital world. Financial giants, business whales, and millions of crypto enthusiasts are very eager to invest their assets into the crypto space. Through this, Coinbase Commerce is also encouraging its customers to pay through crypto payments. Coinbase’s commercial platform allows its users to check out and spend in dogecoin (DOGE). Additionally, it reveals it will also accept six more cryptocurrencies as payment options. 

Coinbase Commerce Accepts DOGE

A transparent financial network that helps merchants to accept and pay crypto anywhere in the world makes Coinbase Commerce unique. This decentralized network is the platform of Coinbase exchange listed by Nasdaq. Thus, this announcement clearly states that Dogecoin adoption is bubbling in the crypto market. 

Notably, Coinbase Commerce officially tweets saying, 

“Just a quick blast to let you know we’re now accepting commerce payments in Dogecoin (DOGE)!”

Earlier in June, Coinbase crypto exchange shared that it will support dogecoin (DOGE) on its platform. Thus, the users can now buy, sell, convert, send, receive, or store DOGE in all Coinbase supporting areas. However, in line with the customer’s request to list more cryptocurrencies, the platform decided to accept dogecoins for its commerce payments. In addition, DOGE is also launched in Coinbase Pro for trading purposes. 

Cryptocurrencies on Coinbase Commerce

Besides accepting the popular meme-coin (DOGE) the commercial platform also reveals to accept six more crypto assets. After dogecoin, the additional digital assets include, Bitcoin, Bitcoin cash, Dai, Ethereum, Litecoin, and USD Coin. In total, the website says it will accept seven cryptocurrencies for its commerce payments. 

Through this Doge proponents are happy to see, dogecoin is competing with top digital currencies like Bitcoin and Ethereum. The additional feature is, the Coinbase commerce enables the users to convert their crypto assets to fiat currencies like USD and Euro on the same platform. Moreover, Coinbase commerce offers a decentralized and a peer-peer mode of payments. Thus, the payment process is safe and is not accessible except by the merchant including Coinbase commerce. 

Therefore, Coinbase exchange is surpassing its platform spreading across globally. The exchange also plans to launch a crypto app store. On the other hand, listing on this platform and in commercial networks, DOGE is also spreading its presence in the market.  Besides Elon Musk, the ‘Dogefather’ tweets and posts, the meme-coin is growing maturely in the crypto space attracting large users and businesses.

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A Professional HR with a huge interest in blockchain technology and cryptocurrency. Through her content writing skills, she became a passionate contributor to the crypto space. Being an active crypto enthusiast she is investing her time and experience into the digital sphere.