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2,696,000 Webstores Can Now Accept Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) Through Coinbase

August 23, 2018

Coinbase continues to expand its new platform for online crypto payments in its quest to push mainstream adoption of cryptocurrency.

The company’s new initiative Coinbase Commerce has now created payment modules for WooCommerce, Shopify, PrestaShop, Magento and OpenCart.

In total, that means about 2,696,000 online shops can easily integrate Bitcoin, Ethereum, Litecoin and Bitcoin Cash as payment options. Props to Twitter’s Kevin Rooke for putting those numbers together.

“Our mission at Coinbase is to create an open financial system, so we’ve designed this solution to serve merchants worldwide. Unlike previous merchant products we’ve offered, Coinbase Commerce is not a hosted service, so merchants have full control of their own digital currency.”

Coinbase touts a long list of incentives in its pitch for why ecommerce platforms should sign up.

• Quick and Easy Setup – The company says it’s there to guide companies through the process of setting up hosted checkout pages, payment buttons and multiple ecommerce integrations

• Full Ownership – Coinbase says it does not hold crypto, giving companies the benefits of a hosted platform while they maintain ownership

• Secure and trusted – Coinbase Commerce says the security of its platform is its number one priority

• Free to use – Coinbase Commerce gives companies the ability to accept cryptocurrency for free and includes the following options:

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