Buy from Shopify’s 600K+ merchants with 300+ cryptocurrencies

• by admin
• |
• January 30, 2019
• |
• Cryptocurrency News

If you are searching for a reputable and secure store with a great variety of products that you can buy with your coins, Shopify fits this description very well.

Shopify, a leading e-commerce platform for selling goods online, offers its 600K+ merchants an option to accept 300+ cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.

Shopify’s crypto journey

The matter of fact, Shopify started with support of Bitcoin through BitPay in 2013. When they launched back in 2013, they were the first multi-coin payment processor in the world.

Since then, Shopify added other crypto payments processors: Coinbase Commerce and GoCoin.

Also, the company has not so long ago teamed up with CoinPayments. The deal was announced on May 15, 2018. CoinPayments is an integrated payment gateway with low commissions that supports over 1,190 cryptocurrencies.

In June, 2018, Shopify announced yet another deal, this time with Request Network’s Requify.

For us consumers all this means that potentially all mighty product range of this e-commerce giant became available to cryptocurrency holders.

What is the future of crypto on Shopify?

“The goal of our integration for Shopify is to provide an alternative payment option for their merchants and expand the adoption of cryptocurrencies,” we read on the CryptoPayments blog. And from the merchant’s perspective, by adding BitPay or CoinPayments as a payment option, they are attracting more shoppers to their stores.

Yet, despite such developments and efforts, for the foreseeable future, the vast amount of payments on the Shopify platform will definitely remain in fiat.

Even though a wide adoption of the digital currency is not on the horizon, the Shopify’s integrations with major payment processors like BitPay, CoinPayments, and The Request Network may be the best news for the crypto community looking for stability and certainty in 2019.