Coinbase, Exchanges

Is Coinbase Commerce Same as Coinbase?

Coinbase is a digital asset exchange company headquartered in San Francisco, California. They broker exchanges of Bitcoin (₿), Ethereum (Ξ), Litecoin (Ł) and other digital assets with fiat currencies in 32 countries, and bitcoin transactions and storage in 190 countries worldwide.

Coinbase was founded by Brian Armstrong and Fred Ehrsam in June 2012. .

NOTE: WARNING: Coinbase Commerce is not the same as Coinbase. Coinbase is a cryptocurrency exchange that allows users to buy and sell cryptocurrencies, while Coinbase Commerce is a payment platform for merchants that enables them to accept cryptocurrencies as payment. Both services are provided by the same company, but they are used for different purposes.

Coinbase Commerce, on the other hand, is a payment processor that allows merchants to accept multiple cryptocurrency payments from global customers. This service is designed for merchants who want to accept cryptocurrencies as payment for goods and services, without having to go through a traditional exchange.

So, while Coinbase and Coinbase Commerce are both companies founded by Brian Armstrong, Coinbase is an exchange and Coinbase Commerce is a payment processor.

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