Coinbase’s e-commerce platform now offers a new way to spend Elon Musk’s favorite meme cryptocurrency. Coinbase Commerce, the e-commerce arm of the United States-based crypto exchange, has added support for Dogecoin (DOGE) payments.
According to a Twitter announcement, Dogecoin became the seventh cryptocurrency for merchants to accept payments on Coinbase’s e-commerce portal. The platform currently supports Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), Litecoin (LTC), along with stablecoins Dai and USD Coin (USDC).
An integration with Coinbase.com enables Coinbase Commerce customers to convert their crypto payments into U.S. dollars, euros, British pounds or USDC without leaving the e-commerce portal. According to a blog post dated October 2020, the same integration for Coinbase Prime and Pro accounts will be available soon.
Coinbase Commerce recently took the stage as Sotheby’s payment partner during the auction offering Banksy’s iconic protest artwork “Love Is In The Air.”At the 14-minute bidding battle, which was marked by the auction house as the first time cryptocurrency was accepted as a payment option for a piece of physical artwork, bidders could pay using Bitcoin or Ether through the partnership with Coinbase Commerce. Sotheby sold Banksy’s art for $12.9 million, but the auction house didn’t comment on whether the final payment was made with crypto.
In March 2020, nearly two years after its inception, Coinbase Commerce surpassed $200 million in total transactions processed, with 8,000 retailers using Coinbase for payment services. Product lead John Zettler then said that Bitcoin was by far the preferred payment method among the available cryptocurrencies on the platform, adding, “Merchant customers often tell us it’s the crypto they’re most familiar with and the one they trust the most.”
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | ![]() |
Bitcoin predictions | 57.6% | 84 | $29 815.26 | 1.01% | -0.39% | $567 877 135 044 | ||
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2 | ![]() |
Ethereum predictions | 56.8% | 88 | $2 000.88 | 1.06% | -2.66% | $241 865 980 181 | ||
3 | ![]() |
Tether predictions | 91.2% | 1 | $0.998909 | 0.01% | -0.01% | $73 195 168 297 | ||
4 | ![]() |
USD Coin predictions | 92.4% | 1 | $1.000209 | -0.03% | 0.01% | $53 074 379 147 | ||
5 | ![]() |
Binance Coin predictions | 59.6% | 88 | $316.28 | 1.60% | 6.46% | $51 641 959 049 | ||
6 | ![]() |
XRP predictions | 60.4% | 89 | $0.416706 | 0.37% | -1.83% | $20 144 872 785 | ||
7 | ![]() |
Binance USD predictions | 96% | 1 | $1.000981 | 0.08% | 0.01% | $18 535 892 542 | ||
8 | ![]() |
Cardano predictions | 59.2% | 91 | $0.534887 | -0.11% | -1.96% | $18 046 551 403 | ||
9 | ![]() |
Solana predictions | 58.8% | 88 | $51.78 | 2.12% | -1.78% | $17 567 814 140 | ||
10 | ![]() |
Dogecoin predictions | 56.8% | 92 | $0.085246 | 0.16% | -3.86% | $11 309 686 383 | ||
11 | ![]() |
Polkadot predictions | 56.4% | 87 | $10.07 | 1.95% | -6.03% | $9 947 461 943 | ||
12 | ![]() |
Avalanche predictions | 59.6% | 90 | $31.50 | 5.22% | -8.25% | $8 476 885 368 | ||
13 | ![]() |
Wrapped Bitcoin predictions | 57.6% | 84 | $29 803.20 | 1.19% | -0.35% | $8 243 652 197 | ||
14 | ![]() |
TRON predictions | 70.8% | 53 | $0.076135 | 1.95% | 11.63% | $7 366 247 062 | ||
15 | ![]() |
Dai predictions | 94% | 1 | $0.999947 | -0.11% | -0.03% | $6 528 397 233 |
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