In recent news Coinbase, one of the US largest crypto exchanges is planning to go head to head with PayPal with their newly launched platform Coinbase Commerce
Now it will come as no surprise to some of you have read my blog that at the moment, I am a little anti coinbase, and their recent history is being marred by overbearing charges not only by them, but now by anyone using credit cards to purchase crypto on their platform, and for the privilege of this also last week they were found to be double charging customers transaction fees.
So what does the future hold for the fledgling pirate company.
Coinbase commerce is planning to accept the following currencies
- Bitcoin
- Bitcoin cash
- Ethereum
- Litecoin
They say that it is going to integrate seamlessly with Shopify. I guess we will have to wait and see what is. I hope I am proved wrong, but when I consider their customer relations lately I don’t see anything really beneficial from this, and I think they have to pick up their game if they want to keep up with their competitors.
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