Coinbase, one of the world’s largest cryptocurrency exchanges based in the USA, has added 7 new cryptocurrencies to its payment provider platform.
Coinbase, Tuesday, 28 June It helps registered businesses get paid in cryptocurrencies for products and services by bringing users and businesses together. Coinbase Commerce to the platform Added payment support for 7 new cryptocurrencies announced.
According to the statement, it is already available through the platform. Bitcoin (BTC), Ethereum (ETH) and USDC Businesses that can receive payments with the update are now Bitcoin Cash (BCH), Litecoin (LTC), Dogecoin (DOGE), Apecoin (APE), Shiba Inu (SHIB), DAI and USDT can also accept payment.
Coinbase, on the market volatility because of businesses can automatically convert cryptocurrency payments to dollars and that they would be able to receive the full amount they determined for the payment. Businesses will thus be able to decide with which asset they can receive payments and keep the payments they receive in cryptocurrency or automatically convert them into dollars.
automatic conversion of the property emphasizing that it only applies to self-managed accounts Coinbaseone of the transactions limited by the limit stated. According to this BTC, ETH, USDC, DAI for 1 million dollars, LTC, SHIB, USDT for 500 thousand dollars and APE, BCH, DOGE for 250 thousand dollarsThere is a limit of .
Coinbase also only Coinbase users using the platform using off-chain transactions with a new feature that will apply to instant and free payments announced that it will present