Coinbase Follows Huobi in Supporting .Crypto Domains-Based Payments


Coinbase Wallet, a service of the largest crypto exchange in the United States, now supports “.crypto” domains via an integration with blockchain domain provider Unstoppable Domains.

Coinbase users can now send payments to each other by simply typing a .crypto domain instead of using long-form cryptographic addresses, Unstoppable Domains told Cointelegraph on Aug. 5.

How To Get Free Crypto  

By introducing the new integration, Coinbase Wallet joins major crypto exchange Huobi, which announced a similar feature in late June. 

Brad Kam, co-founder of Unstoppable Domains, says that Coinbase Wallet is the first platform to offer an “all in one solution” for all cryptocurrencies offered by the wallet. According to Unstoppable Domains, Coinbase wallet supports .crypto domains in Bitcoin (BTC), Ether (ETH) and any other currencies provided by the wallet.

Apart from Huobi and Coinbase Wallet, .crypto domains have also been supported by Trust Wallet, an official self-custody wallet owned by the world’s largest crypto exchange, Binance.

Coinbase will also custody .crypto domains

Alongside featuring Unstoppable Domains-powered domains, Coinbase wallet will also offer custody support for .crypto domains in the collectibles section of its application. The Winklevoss-founded Gemini exchange also rolled out custody for .crypto domains on July 23.

Coinbase Banner  

Coinbase users can also register and manage domains via the Coinbase decentralized application (DApp) browser. In order to send a transaction to a domain, Coinbase users need to  pradd their wallets to Unstoppable Domains within the DApp browser, Kam explained. 

Blockchain technology is being increasingly implemented by domain name providers. On July 21, major domain registry Verisign acquired a blockchain patent to transform traditional domains into blockchain user addresses to enable interactions with other participants on the network. After launching Ethereum-based .crypto domains in late 2019, Unstoppable Domains has registered more than 200,000 domains to date.

Go to Source
Author: Helen Partz

Recommended Crypto Services, Products and Strategies:

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

This site uses Akismet to reduce spam. Learn how your comment data is processed.