Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) are now available in millions of online stores thanks to a new Coinbase plugin, a fact which is expected to boost the cryptocurrency adoption rates
The new Coinbase plugin is already available on GitHub and is compatible with WooCommerce for online stores
Coinbase introduced a new plugin to empower millions of websites to embrace the leading cryptocurrencies in the world, such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH).
The plugin is built to support the WooCommerce platform, an open source application which is presently embedded in over three million WordPress sites, as reported by BuildWith.
The plugin was featured in a new Coinbase blog article and is already released on GitHub.
“For merchants using WooCommerce, one of the most popular e-commerce platforms on the web, it is now easier than ever to start accepting cryptocurrencies as a form of payment,” the official Coinbase blog post reads.
The Coinbase plugin will increase cryptocurrency adoption rates for Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH)
This move is intended to allow cryptocurrency holders to spend their coins more straightforwardly while shopping online, thanks to the new Coinbase plugin.
Besides, the Coinbase decision to launch a plugin compatible with WooCommerce would most definitely increase cryptocurrency adoption rates, especially for the Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH), which, for the time being, are the cryptos supported by the new Coinbase plugin.
“The widely used plugin [WooCommerce] 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 bring us closer to our goal of an open financial system,” the official press release on the Coinbase new plugin reads.
Coinbase notes that this is only the start of its quest to turn cryptocurrencies into an easy-to-use payment method for mainstream clients.
Ian Kennedy is the newest contributor to Crypto Daily Gazette. He enjoys running, practicing minimalism and cooking. Ian is a graduate of Wesleyan University in Connecticut where he studied journalism, Arabic and international affairs. Ian mostly covers stories concerning emerging blockchain technology.