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Author Topic: Coinbase Commerce: still working?  (Read 103 times)
zhzz (OP)
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November 21, 2023, 04:42:27 PM
 #1

I have a shop and experimented with receiving bitcoin/crypto last year. Coinbase Commerce looked good and was working fine.

Now I wanted to implement this in a new shop again and it looks like they have only offer USDC in an "auto-convert" system to new accounts? My old account is working fine accepting all kinds of cryptos.

Is it really like that now? I don't see any option to turn auto-convert off. Would it be possible to connect 2 shops under 1 account?

Glad about any answer here.
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November 21, 2023, 04:54:48 PM
 #2

Now I wanted to implement this in a new shop again and it looks like they have only offer USDC in an "auto-convert" system to new accounts? My old account is working fine accepting all kinds of cryptos.
I've just googled it but haven't found anything that says that this has been the case for new accounts since a certain point in time. Is KYC proof or something similar missing? Coinbase itself explicitly advertises Coinbase Commerce by stating that a large number of coins are supported:


Source

If I were you, I would simply contact support. They will certainly be able to help you with your second question.

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zhzz (OP)
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November 21, 2023, 06:17:43 PM
 #3

Is KYC proof or something similar missing?

Maybe it's this. Haven't seen any KYC messages though. The first account had no real "KYC" too and is still fully working.
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November 21, 2023, 07:01:20 PM
 #4

I'm not sure about new accounts, but I have the old Coinbase Commerce, and I can accept all currencies without any issues. Have you tried reaching out to customer support?

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November 21, 2023, 10:45:27 PM
 #5



There are two Coinbase commerce the self-managed and Coinbase-managed you might be created a self-managed one that generates 12-phase seed backup which is why it only supports USDC.

If your Coinbase commerce is self-managed try to create a new account but this time use the Coinbase-managed account(no seed backup all private keys are managed by Coinbase) and let see if it supports more Crypto.

I think it's fine to have two shops in one account but it would be better if you have a separate account for another shop.
For auto-convert you can turn it off on the settings>payments check the image below for reference.


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November 22, 2023, 01:33:31 AM
 #6

I have a shop and experimented with receiving bitcoin/crypto last year. Coinbase Commerce looked good and was working fine.
You have other options than Coinbase Commerce.
Cryptocurrency e-Commerce
[List] Bitcoin Payment processors

Maybe it's this. Haven't seen any KYC messages though. The first account had no real "KYC" too and is still fully working.
Maybe you don't see it but to make sure, you must Contact Coinbase Commerce Support to get official answer from them.

A red flag is Coinbase will have to comply to more KYC demand from the US. authorities anytime so make sure you are always ready to do KYC with Coinbase Commerce.

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zhzz (OP)
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November 22, 2023, 09:41:05 PM
 #7



There are two Coinbase commerce the self-managed and Coinbase-managed you might be created a self-managed one that generates 12-phase seed backup which is why it only supports USDC.

THAT'S it! CB Support also sent me an answer with correct link to self-managed dashboard with exactly that as a reason. Thanks!

[You have other options than Coinbase Commerce.
Cryptocurrency e-Commerce
[List] Bitcoin Payment processors

best would be to run btcpayserver but I don't want to host a full node because it's too costly. Maybe I will look into a minimal pruned setup later down the road but so far the CB self-managed looked great to me.
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November 22, 2023, 11:04:19 PM
 #8


best would be to run btcpayserver but I don't want to host a full node because it's too costly. Maybe I will look into a minimal pruned setup later down the road but so far the CB self-managed looked great to me.
There's another good alternative for BTCpayserver or CB self-managed without KYC and it won't cost much the offer is the same as CB's 1% fee and all transaction is automatically sent to your wallet that you fully control.

Check this https://www.blockonomics.co/merchants

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November 23, 2023, 02:57:05 AM
 #9

Coinbase Commerce is one of the many platforms that we will use to accept payments in cryptocurrency. I checked Coinbase Commerce and their developer documentation, the technical. Like API documentation. It is very clean and easy to understand, very straightforward.
The auto conversion is already answered. I just share my experience about the technical side.

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November 23, 2023, 06:39:32 PM
 #10


There are two Coinbase commerce the self-managed and Coinbase-managed you might be created a self-managed one that generates 12-phase seed backup which is why it only supports USDC.

THAT'S it! CB Support also sent me an answer with correct link to self-managed dashboard with exactly that as a reason. Thanks!

[quote

Glad that you're able to sort out this issue, now you can conveniently use two different coinbase wallets for your two different shops. I don't use coinbase, I'm just in this thread to learn with you, and I'm glad that you went to their reliable source, the support service.

Crypto understanding is very vast, it's not easy to acquire every knowledge, this is why this forum is a store of crypto knowledge value.

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November 24, 2023, 08:39:24 AM
 #11

If I recall, but I can't find the news source now, Coinbase Commerce now adopts laws like Coinbase exchange, which means they can only accept customers from US. Even UK is no longer quite recently.

So I know you solved your question but out of me being curious, does your first account still allow all global customers?

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zhzz (OP)
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November 26, 2023, 05:12:16 PM
 #12

If I recall, but I can't find the news source now, Coinbase Commerce now adopts laws like Coinbase exchange, which means they can only accept customers from US. Even UK is no longer quite recently.

So I know you solved your question but out of me being curious, does your first account still allow all global customers?

I've heard similar, but to this day don't see any issues. the account manages a self-custodian wallet without real "KYC".
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