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 | BTC | Bitcoin predictions | 78% | 33 | $62 493.96 | -2.03% | 0.27% | $1 235 187 237 762 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ETH | Ethereum predictions | 74% | 43 | $2 440.89 | -1.43% | -2.67% | $293 833 677 147 | ||
3 | USDT | Tether predictions | 95.2% | 1 | $0.999401 | -0.05% | -0.04% | $119 785 490 777 | ||
4 | BNB | Binance Coin predictions | 79.2% | 35 | $582.51 | 1.04% | 5.05% | $82 753 455 978 | ||
5 | SOL | Solana predictions | 76.8% | 45 | $143.46 | -3.84% | -2.87% | $67 320 124 274 | ||
6 | USDC | USD Coin predictions | 94% | 1 | $0.999948 | -0.01% | -0.01% | $35 132 009 677 | ||
7 | XRP | XRP predictions | 75.6% | 43 | $0.528369 | -2.81% | -12.80% | $29 886 691 614 | ||
8 | DOGE | Dogecoin predictions | 82% | 32 | $0.107348 | -4.77% | -1.48% | $15 703 263 095 | ||
9 | TRX | TRON predictions | 92% | 1 | $0.158010 | 1.13% | 2.35% | $13 679 205 992 | ||
10 | TON | Toncoin predictions | 81.6% | 31 | $5.21 | -1.41% | -4.12% | $13 203 874 892 | ||
11 | ADA | Cardano predictions | 78% | 38 | $0.346729 | -3.89% | -3.83% | $12 122 014 226 | ||
12 | AVAX | Avalanche predictions | 69.2% | 60 | $26.48 | -3.32% | 0.56% | $10 764 013 865 | ||
13 | STETH | Lido stETH predictions | 91.2% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
14 | SHIB | SHIBA INU predictions | 57.6% | 94 | $0.000017 | -5.28% | 4.52% | $10 196 138 980 | ||
15 | WTRX | Wrapped TRON predictions | 95.2% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 |
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