USD

AED

AFN

ALL

AMD

ANG

AOA

ARS

AUD

AWG

AZN

BAM

BBD

BDT

BGN

BHD

BIF

BMD

BND

BOB

BRL

BTN

BWP

BYN

BZD

CAD

CDF

CHF

CLF

CLP

CNH

CNY

COP

CRC

CUC

CUP

CVE

CZK

DJF

DKK

DOP

DZD

EGP

ERN

ETB

EUR

FJD

FKP

GBP

GEL

GHS

GIP

GMD

GNF

GTQ

GYD

HKD

HNL

HRK

HTG

HUF

IDR

ILS

IMP

INR

ISK

JMD

JOD

JPY

KES

KGS

KHR

KMF

KPW

KRW

KWD

KYD

KZT

LAK

LBP

LKR

LRD

LSL

LYD

MAD

MDL

MGA

MKD

MMK

MNT

MOP

MRO

MRU

MUR

MRU

MUR

MVR

MWK

MVR

MWK

MXN

MYR

MXN

MYR

MZN

NAD

MZN

NAD

NGN

NIO

NGN

NIO

NOK

NPR

NOK

NPR

NZD

OMR

NZD

OMR

PAB

PEN

PAB

PEN

PGK

PHP

PGK

PHP

PKR

PLN

PKR

PLN

PYG

QAR

PYG

QAR

RON

RSD

RON

RSD

RUB

RWF

RUB

RWF

SAR

SBD

SAR

SBD

SCR

SDG

SCR

SDG

SEK

SGD

SEK

SGD

SHP

SLL

SHP

SLL

SRD

SSP

SRD

SSP

STD

STN

STD

STN

SVC

SYP

SVC

SYP

SZL

THB

SZL

THB

TJS

TMT

TJS

TMT

TND

TOP

TND

TOP

TRY

TTD

TRY

TTD

TWD

TZS

TWD

TZS

UAH

UGX

UAH

UGX

UYU

UZS

UYU

UZS

VES

VND

VES

VND

VUV

WST

VUV

WST

ZAR

ZMW

ZAR

ZMW

ZWL

2021-05-27 08:42:08

Coinbase Commerce + WooCommerce – How To Guide & My Experience

When it comes to accepting crypto payments on your e-commerce store, there are plenty of crypto payment gateways such as Coinpayments, Coinbase commerce, and so on. Recently, I integrated CoinSutra VIP with Coinbase commerce, and here I’m sharing my learnings and experiences with you all. Especially if you have been thinking to integrate Coinbase commerce with your WooCommerce website, this tutorial will be a holy grail for you.

A little background:

Last month we launched VIP.CoinSutra.com which is a premium crypto course on-grid bot trading. I built the platform on WordPress + WooCommerce. The choice of payment system was cryptocurrencies, and since Coinbase commerce is the preferred Bitcoin payment gateway, I decided to integrate it.

Since Coinbase commerce offers an easy-to-use WordPress plugin, the integration was swift and flawless. In fact, I was not even sure if people are going to use it to make payments, but it simply worked.

Coinbase Commerce & WooCommerce plugin – How to Accept Crypto payments

Here are the steps you need to follow to integrate Coinbase commerce with WooCommerce.

Create a free account on Coinbase commerce
After verifying your email address, adding two-step verification, and securely storing your seed phrase, you’re ready to accept cryptocurrency payments.
Download, install and activate the free “Coinbase Commerce Payment Gateway for WooCommerce” plugin on your WooCommerce website
Go to the WooCommerce > Settings > Payments page and you will see Coinbase in the list of available payment gateways.

Enable it, and click on the “manage” button to configure the rest of the settings.
Now, you need to grab the API key and secret key from Coinbase.commerce.com to enter in the field as shown below:

Go to Coinbase commerce > Settings and here you will generate the API key (You can find a detailed instructions on how to do that here)

Once you have added the API key and created a Web-hook subscription, you are ready to start accepting Crypto payments on your Woo-commerce site using Coinbase commerce payment gateway.

Other features of Coinbase commerce:

Generate reports:

You can generate reports of all your transactions and export it for accounting.

Connect it with Coinbase:

You can connect your Coinbase commerce account with Coinbase to withdraw funds and convert it into cash. This is the easiest way to convert your accepted payments into cash.

Send crypto to another wallet:

You can also send crypto to your private wallets or another wallets of your choice.

Send an invoice:

Using Coinbase commerce you can also send direct invoice to your customers via email, and customers can make payment in all allowed cryptocurrencies.

No fees:

Unlike other payment gateways like Coinpayments, Coinbase commerce is absolutely free to use and there are no payment processing fees.

What I didn’t like about Coinbase commerce?

My experience with Coinbase commerce is beyond pleasant, but still, there is one thing that I did not like about Coinbase commerce. The answer is in the below image:

Accepted cryptocurrencies on Coinbase commerce

The limited amount of cryptocurrencies is a big limitation IMHO. Lack of Bitcoin lightning and USDT-TRC20 is a big turn off for the users who are not looking to pay high transactions fees. Especially Bitcoin lightning is something Coinbase commerce should integrate in the days to come.

For now, I would be trying a different payment gateway that works with Bitcoin lightning network or allows us to accept payment in USDT (TRC-20) token.

Conclusion: WooCommerce & Coinbase Commerce

For anyone looking to accept crypto payments on WooCommerce, Coinbase commerce is perhaps one of the easiest and fastest ways to get started. There are Zero payment processing fees, and you can enable/disable which crypto you wish to accept. Overall Coinbase commerce is a solid product, and I would look forward to seeing this one growing.

Also see: Coinpayments review

Now it is your turn to let me know which crypto payment gateway are you using on your WooCommerce or online store? Share your views and experience in the comment section below.

News appeared first on: Coinsutra.com

Related News

Market Optimism Wavers on Ethereum and XRP; Can Investors Make Be...
17 Apr 2024
How High Can $MEDA Go Amid Meme Coin Hype? Being a Meme Coin Cont...
17 Apr 2024
How $11.1 Million Vanished from PrismaFi: Zach XBT Report
17 Apr 2024
The Future of Crypto Startups: AZUR and Anguilla Tourism Board’s...
17 Apr 2024
CLS Global Launches Edu3Labs, A Decentralized Education Platform...
17 Apr 2024
Crypto Market Forecast: Analyst’s Top Sector Picks for Massive Ga...
17 Apr 2024

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.