Today we’re announcing that we’ve decided to shut down our bitcoin Tip Button.
The project has seen some good usage since we launched it, with about 10,000 users accepting bitcoin tips across a variety of websites.
However, another excellent tipping service in the bitcoin community, ChangeTip, has gotten some even better traction, and done a great job at pushing the tipping ecosystem forward. So today we’d like to show our support for them and encourage existing users of our tip button to migrate over to ChangeTip.
At Coinbase, we view our core business as providing bitcoin infrastructure (secure APIs for bitcoin storage, exchange, wallets, and merchant tools). ChangeTip is an excellent example of a company which uses our APIs, and we’d like to support them instead of competing with them. Our goal is to have a thriving ecosystem of many companies in the bitcoin space building innovative applications like this.
We will be helping customers migrate to ChangeTip over the coming weeks and our Tip Button will be officially shut down on April 1st.
Separately Coinbase has announced support for bitcoin buy and sell functionality in the following 5 countries: Czech Republic, Hungary, Bulgaria, Norway and Croatia. Users in these countries can now link their bank account via SEPA and easily buy and sell bitcoin with euros.
Coinbase buy and sell functionality is available in 24 countries worldwide.
Contributed | what does this mean?