About Coinbase Commerce

Coinbase Commerce is a payment processing platform designed to help businesses accept payments in a variety of cryptocurrencies. The fully decentralized, peer-to-peer solution lets users send and receive payments across wallets, which can only be accessed by the merchant and Coinbase.

Merchants using Coinbase Commerce can accept payments in cryptocurrencies such as Bitcoin, Bitcoin Cash, DAI, Litecoin, USD Coin, and Ethereum. Teams can use a seed phrase, a sequence of 12 words, to access cryptocurrencies received and sign blockchain transactions. The cloud backup feature enables users to store the seed phrases in a Google account. Additionally, merchants can receive webhooks notifications every time a payment is made.

Coinbase Commerce offers an API, wh...


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45 Reviews of Coinbase Commerce

Average User Ratings

Overall

4.45 / 5 stars

Ease-of-use

4.5

Value for money

4.5

Customer support

3.5

Functionality

4.5

Ratings Snapshot

5 stars

(30)

30

4 stars

(9)

9

3 stars

(7)

7

2 stars

(1)

1

1 stars

(0)

0

Likelihood to Recommend

Not likely

Very likely

Showing 1 - 5 of 45 results

March 2021

User Profile Picture

Joseph from Towson University

Verified Reviewer

Company Size: 1,001-5,000 employees

Industry: Higher Education

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

5.0

Functionality

5.0

March 2021

Good way to get into the Crypto world

Very smooth and reliable otherwise; great to have on your smartphone.

Pros

It is very easy to use, navigate, and purchase cryptos. Great selection of cryptos from which to choose, but if you just want Bitcoin, that's fine.

Cons

There is a "holding" period where they wait for your fiat currency to clear. You may have to wait a few days after you deposit US dollars to actually perform and exchange.

August 2021

Jose Gabriel from Pixelgraf

Company Size: 11-50 employees

Industry: Computer Software

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

4.0

Value for money

5.0

Customer support

3.0

Functionality

4.0

August 2021

"Audit for Coinbase Commerce"

Coinbase permits clients the capacity to buy digital currency, and it does as such by not overpowering its clients. It is an amicable presentation into what digital money is, the manner by which it works, and why it very well may be the fate of all cash. It is a fantastic apparatus for clients who are keen on getting familiar with Bitcoin and other cryptos available. In case you are keen on getting familiar with digital currency, Coinbase is totally a sensible alternative for you. With this application I got to digital currencies. The application is all around made for amateurs yet additionally for individuals with experience in cryptographic forms of money. Extremely natural and straightforward. Not loaded with pointless highlights

Pros

There is a great deal to like about Coinbase, yet the main thing is the accommodation. Coinbase makes it truly simple to explore digital currencies and find out about cryptographic forms of money. I truly appreciate going to the application, the allure of the application is its appearance. Coinbase makes it truly simple to explore purchasing and exchanging digital forms of money. It is utilized to send, get and purchase, sell and trade cryptographic forms of money and offers individuals the capacity to trade digital currencies securely. Supports a wide determination of resources that premium institutional financial backers.

Cons

Call and put choices are not accessible for all nations. Coinbase is restricted to keeping up with the digital currency, as opposed to extending its usefulness to trade distinctive cryptographic forms of money.

July 2021

Quinlan from University of Delaware

Company Size: 1 employee

Industry: E-Learning

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

4.0

Value for money

4.0

Customer support

2.0

Functionality

4.0

July 2021

Coinbase Review

Overall, I do enjoy coinbase and will continue to use it, however for more experienced crypto traders, it would be smarter to go with a different option.

Pros

There is a lot to like about Coinbase, but the biggest thing is the convenience. Coinbase makes it really easy to navigate crypto currency and learn about cryptocurrency. I really enjoy going on the app the appeal of the app is the way it looks. Some crypto sites and software's are confusing, but coinbase makes it really easy to navigate the crypto purchasing and trading.

Cons

The worst thing about coin base is the fees for purchasing crypto. most software's have some gas fees, but coin base seems to be a little bit pricey for the convince it is offering. One of the other problems with the software is that it does not allow you to trade all currencies but only some currencies.

June 2021

Zachary from Personal

Company Size: 1 employee

Industry: Investment Management

Time Used: Less than 12 months

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

June 2021

Excellent for Intro to Crypto

Coinbase allows users the ability to purchase cryptocurrency, and it does so by not overwhelming its customers. It is a friendly introduction into what cryptocurrency is, how it works, and why it might be the future of all currency. It is an excellent tool for users who are interested in learning more about Bitcoin and other cryptos on the market. If you are interested in learning more about cryptocurrency, Coinbase is absolutely a reasonable option for you.

Pros

Coinbase has a very friendly user interface that is far less harrowing than initially expected. Though cryptocurrencies were at the edges of public consciousness just several years ago, they have recently moved directly into the center of the public arena -- cryptos like Bitcoin and Ethereum have exploded in popularity, and a large part of that is due to Coinbase. At its core, Coinbase acts as a wallet and trading system that allows users to purchase, trade, and convert cryptocurrencies between one another. They offer excellent tutorials on what cryptocurrency is and how the various currencies differ from one another. They also have small rewards that gift users free money in the form of crypto in exchange for watching short informational videos (and passing associated quizzes). All in all, the website is very user-friendly and an excellent introduction to the cryptocurrency world.

Cons

While there are many, many great features offered by Coinbase, one strong weakness is its transaction fees. Purchasing cryptocurrency incurs a $3.95 charge, which, for most people, is likely 3-5% of their principal investment, making the investment itself not particularly worthwhile. Additionally, while withdrawing to your bank account or PayPal account is free, other forms of withdrawal incur their own charges. These fees greatly complicate what is otherwise a simple website, and as platforms like Robinhood begin to add more and more crypto into their systems, the need to use Coinbase (and pay their fees) falls dramatically.

August 2021

Karl Rodrigue from 6ko records

Company Size: 1 employee

Industry: Entertainment

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

4.0

Functionality

5.0

August 2021

the platform that allows you to integrate the crypto market safely

i didn't understand anything about the crypto market i tried with coinbase with a small amount and i found it was not that complicated

Pros

with coinbase I was able to take my first steps in the crypto market with an easy to learn interface. to top up your account, nothing could be easier via card or bank account and the notifications for each variation of the crypto market is excellent.

Cons

hat i don't like, i find the billing fees are too high and the processing process is a bit slow