Coinbase Follows Huobi in Supporting.Crypto Domains-Based Payments

Published on by Cointele | Published on

Crypto" domains, featuring payments through domain handles instead of cryptographic addresses.

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.

Crypto domains in Bitcoin, Ether and any other currencies provided by the wallet.

Crypto domains have also been supported by Trust Wallet, an official self-custody wallet owned by the world's largest crypto exchange, Binance.

Crypto domains in the collectibles section of its application.

Coinbase users can also register and manage domains via the Coinbase decentralized application 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.

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.

Crypto domains in late 2019, Unstoppable Domains has registered more than 200,000 domains to date.

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