Coinbase Launched Cryptocurrency Payment System

February 12, 2018

Coinbase, popular American crypto exchange, has announced launch of a new service for customers to directly integrate cryptocurrency payments. The basic idea is similar to that of PayPal – the only thing the users need is funds in one of the declared cryptocurrencies available to pay for goods with the new platform.

The service supports Bitcoin, Bitcoin Cash, Litecoin and Ethereum.

Thus BitPay has got a tough competitor with about 50 000 merchants already and unlike BitPay with Bitcoin it deals with just four digital currencies.



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