Question 1

What is Coinbase Commerce?

Accepted Answer

Coinbase Commerce is a platform that helps merchants anywhere in the world accept cryptocurrency payments in a fully decentralized way that displays instructions on how to send funds directly to merchants, and monitors the blockchain for the transaction. After a valid payment is detected, Coinbase notifies the merchant so they can take any necessary actions on their end.
All payments facilitated by Coinbase Commerce are fully decentralized and peer-to-peer. This is so the cryptocurrency goes directly from wallet to a wallet and is only accessible by the merchant. At no point in this flow does anyone except the merchant, including Coinbase, have access to these funds.

Question 2

What are Coinbase Commerce's top competitors?

Accepted Answer

Coinbase and Binance are common alternatives for Coinbase Commerce.

Question 3

Who uses Coinbase Commerce?

Accepted Answer

The most common users of Coinbase Commerce are from Small Businesses (1-50 employees).

Coinbase CommerceCompetitors and Alternatives

Most Commonly Comparedto Coinbase Commerce

Coinbase

Binance

MetaMask

Circle

Mastercard Blockchain

Ripple

TransCrypt Global

Airfox

BVNK

Binamite

CoinsBank