Coinbase will now accept Dogecoin on its E-commerce platform, the platform that tries to simplify cryptocurrency payments for traders worldwide.
Coinbase started to accept Dogecoin on its e-commerce platform. Dogecoin will become the sixth cryptocurrency to be incorporated into the list of accepted cryptocurrencies hosted by Coinbase’s E-commerce division.
Coinbase is the world’s leading platform that facilitates cryptocurrency investing and trading. Her trade was started mainly to assist users in making payments using cryptocurrency for different market transactions. The company recently registered Dogecoin as a legitimate cryptocurrency on its network, through which users can easily perform their payments.
Coinbase will now accept Dogecoin on its E-commerce platform
Coinbase will now include Dogecoin as a viable payment source in its e-commerce platform to expand its network and increase user transactions. The company announced on Twitter that it will now include Dogecoin on its e-commerce platform. Coinbase Commerce previously hosted five leading cryptocurrencies such as Bitcoin (BTC + 3.67%), Ether (ETH + 5.86%), Litecoin (LTC + 4.41%), USDC (0%) and BTC Cash (BCH + 3.43%). The company will now include Doge in its list of accepted cryptocurrencies to expand its work operations.
Coinbase Commerce has been helping traders around the world create secure websites and revenue channels that include payments to be accepted in cryptocurrencies. The venture has been gaining steady momentum and the company’s new effort to include Dogecoin will now allow traders to accept payments in meme currency.
The addition of Doge to Coinbase Commerce is said to add more power to the currency and help encourage Doge to become accessible to the masses. This, in turn, will allow users and traders to routinely trade using Coinbase to generate plausible revenues. Users will also benefit from this feature as they will have access to six new cryptocurrencies to carry out their transactions.
As the newest addition to the world of cryptocurrency, Dogecoin has also garnered credible popularity. Leaders such as billionaire Mark Cuban and Elon Musk extended their support for the Doge and openly accepted payment for it to boost its sale.