Market Analysis

Coinbase Exchange Launches A New E-Commerce Plugin.

As per an official announcement made by one of the largest digital currency exchange serving globally has recently launched a plugin for merchants that would enable them to accept cryptocurrencies directly form the customers all around the globe.

At present, this E-Commerce plugin is available as an open source e-commerce plugin for WordPress at WooCommerce, which is designed for small to large-sized online merchants using WordPress as a feature in the websites development.

This new plugin introduced by Coinbase is available for free, available to be integrated and used from GitHub. The company announced this, in an official web blog post as:

“For merchants using WooCommerce, one of the most popular eCommerce platforms on the web, it’s now easier than ever to start accepting cryptocurrencies as a form of payment. The widely-used plugin powers more than 28% of all online stores – and all of them now have access to cryptocurrency payments from customers around the world. This increased access will lead to more widespread adoption, and ultimately, moves us closer to our goal of an open financial system.”

This new plugin introduced by Coinbase will give merchants an access to accept cryptocurrencies in Bitcoin ‘BTC’, Bitcoin Cash ‘BCH’, Litecoin ‘LTC’ and Ethereum ‘ETH’.

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