November 8, 2024

Rise To Thrive

Investing guide, latest news & videos!

Coinbase Commerce Ditches Support for Bitcoin Payments Using Self-Custody Wallets

1 min read
Coinbase Commerce Ditches Support for Bitcoin Payments Using Self-Custody Wallets
Coinbase Commerce Ditches Support for Bitcoin Payments Using Self-Custody WalletsCoinbase Commerce, the cryptocurrency payments solution of U.S.-based exchange Coinbase, has removed support for bitcoin payments using self-custody wallets. Brian Armstrong, CEO of the exchange, clarified it maintains support for payments from UTXO-based chains from Coinbase accounts. However, Commerce will focus on supporting ERC-20 tokens on layer 2 protocols, like Base and Polygon. Coinbase Commerce […]