Partners With Coinbase to Become the Largest Ecommerce Merchant to Accept Bitcoin

Jul 18th, 2014

Dell is now accepting bitcoin payments from consumers and small business shoppers across the U.S. for all items available on, including the Alienware line of products. To date, Dell is the largest ecommerce company to officially accept bitcoin, with nearly $60 billion in annual sales. Head over to to view this video guide on Dell’s bitcoin splash page and see the bitcoin payment process in action.


With the Coinbase integration, Dell is able to provide its customers with even more flexibility when it comes to payment options. Coinbase partnered closely with the Dell team to implement bitcoin payments on in just two weeks, and we look forward to continuing to support Dell in the coming weeks as they implement additional bitcoin features. For more information about this integration, visit the official blog here.

To celebrate this partnership, Dell will soon be offering a special Alienware promotion where customers can save 10% off a new Alienware system purchase (up to $150 limit) when checking out with bitcoin. Visit to learn more. Tops $1.5 Million in Bitcoin Sales, Offers Free Trip to London to a Lucky Member of the Bitcoin Community

Jul 17th, 2014

In November, began accepting bitcoin with Coinbase. decided to integrate after being introduced to the idea by an existing customer who wanted a more convenient and secure way to pay for flights. Today, we are excited to announce that has surpassed $1,500,000 in bitcoin sales for hotels and flights. Accepting bitcoin has connected to thousands of new customers from a loyal and rapidly growing bitcoin community and the results have significantly surpassed initial expectations. 


To show its appreciation for the Bitcoin community, is offering a free trip to London, including airfare and hotel, and a pass to the Inside Bitcoin Conference for one lucky person. Anyone who is interested should tweet @CheapAir and #LondonBTC and no more than 122 characters on why they would like to win the trip. will judge the entries on July 23rd, and the winner will be notified shortly after. For more information on the legal requirements to participate, please go here. Best of luck! 

Merchant Highlights: Sandman Hotel Group and yesbitcoin

Jul 16th, 2014


Consumer travel has become a major use case for bitcoin spending. Today, the Sandman Hotel Group which has 44 properties across Canada and the United Kingdom, announced that the company is now accepting bitcoin directly for hotel bookings. Sandman is owned by Northland Properties Corporation and operates under the brands Sandman Inns, Sandman Hotel & Suites, and Sandman Signature. 


yesbitcoin, a Bitcoin-focused, non-profit organization, is now using Coinbase to raise funds for its efforts to increase the understanding, acceptance and use of Bitcoin. Minnesota Senator Branden Petersen, Executive Director and Founder of yesbitcoin, is spearheading the effort. The organization will focus on driving understanding and acceptance of bitcoin as a mainstream consumer technology for everyday commerce.

Shopify Launches Coinbase Integration: Leap Motion, Boosted Boards, Soylent and iOgrapher Now Accepting Bitcoin

Jul 15th, 2014

Starting today, merchants that use Shopify’s e-commerce platform to sell online can use Coinbase to accept bitcoin payments. This integration allows the 100,000+ stores that use Shopify to begin accepting bitcoin by simply creating a Coinbase account, enabling the integration on Shopify, and entering Coinbase account credentials.

Leap Motion, Boosted Boards, Soylent and iOgrapher are the first Shopify merchants to use Coinbase and offer their customers the exclusive benefits of two-click checkout, simple refunds and, if they choose, automatic discounts to customers who pay in bitcoin.  

For anyone looking to open up an online shop, visit


The Leap Motion Controller translates your hand and finger movements into precise 3D input, allowing you to interact with your computer in more dynamic ways. The device works alongside your mouse and keyboard and is compatible with over 200 apps in Leap Motion’s Airspace app store. Now anyone visiting the Leap Motion US/Canada online store can use bitcoin to purchase a Leap Motion Controller.


Boosted Boards makes an innovative line of electric longboards that can propel users to speeds of up to 20 mph, up grades of 15%, and up to 6 miles on a single charge, making it perfect for short commutes, errands, and recreation.  With a weight of just 15 lbs., comparable to a racing bicycle, it’s one of the world’s lightest electric vehicles and can be easily carried on public transit or inside buildings.  The board offers consumers a dependable, powerful and convenient riding experience that users control via a handheld remote. The Boosted Board costs $1,995 and you can pre-order one now with bitcoin here.


Soylent is a simple, nutritious, and affordable food that possesses all of the nutrients the body needs to be healthy. Soylent helps reduce the time and money consumers spend preparing meals, while still providing proper nutritional balance in a convenient drinkable format. Soylent’s creator, Rosa Labs, was an early adopter to bitcoin last August, when the company’s initial CrowdTilt campaign accepted bitcoin. Now that the company is using the Shopify Coinbase plugin, consumers can once again buy Soylent with bitcoin here.


The iOgrapher Mobile Media Case is the first all-purpose filmmaking case for the iPad, iPad Mini, and iPhone 5. Made from high-grade polycarbonate, iOgrapher turns a mobile device into a high-quality video camera that is tough and durable enough to withstand any shooting environment. We’re excited that filmmakers and aspiring filmmakers can now buy quality filmmaking cases with bitcoin.

Merchant Highlights: GoldCoast Tickets, Tinypass, and Ecodirect

Jul 3rd, 2014

GoldCoast Tickets, Chicago’s largest secondary ticket broker, is now accepting bitcoin for tickets to sports events, concerts, theaters, and more using Coinbase’s platform. The company is celebrating its 20th anniversary this year and to recognize this milestone, they are offering discounted Jay-Z/Beyonce On the Run Tour tickets to customers that pay in bitcoin. GoldCoast ran an advertisement for tickets to the July 24th concert at Chicago’s Soldier Field in the Chicago Sun-Times today. The first 24 people to buy tickets using bitcoin will receive 25% off. 

Tinypass, a company that helps online publishers make money by selling their content online, has integrated with Coinbase to enable publishers to easily accept bitcoin. Bitcoin enables convenient micropayments for consumers and cheap micropayments for publishers, which makes it an ideal platform for innovation in the online publishing industry. We are excited that Tinypass publishers can now easily use bitcoin.

Ecodirect, a reseller of solar panels and other energy efficient products, is now accepting bitcoin for all of its solar equipment. Ecodirect sells to customers in the Caribbean, South America, and Africa, and was attracted to the borderless nature of bitcoin transactions.  Prior to accepting bitcoin, the company could only accept wire transfers from international customers, which incurred a fee for customers of $15-$30.  Coinbase allows Ecodirect to accept payments from anywhere in the world instantly for a nominal 1% fee.

The Future of Bitcoin Storage: Wallets + Vaults

Jul 2nd, 2014

A good bitcoin wallet does many things: it is secure, easy to use, and facilitates spending of bitcoin across a growing number of platforms and merchants.

This sounds simple enough. Yet as we worked on the Coinbase wallet, we often found these goals to be in conflict with each other.

Consider the following two goals:

  • Ease of Use: Low friction spending is key to more bitcoin adoption. Bitcoin is already much simpler than entering a credit card online, but whenever we require a verification step involving your phone or a link in your email, it adds a bit of friction to the process.
  • Security: At the same time, the bitcoin world has seen attacks from cyber criminals increase. By making sending bitcoin easy, it makes a bitcoin wallet an easier target for nefarious attackers.

Compounding the issue, bitcoin is still an investment for many customers. For them, their #1 goal is to never lose bitcoin. In fact, they would appreciate more friction in the sending process to ensure their bitcoin is safe.

How do we reconcile these two goals? After many designs iterations, we are proud to announce a new account type on Coinbase: The Vault.

Introducing The Vault


The Vault is a second account type designed for storing large amounts of bitcoin with higher security on Coinbase. 

Starting today, you can create as many wallets or vaults as you’d like under one user account. They will show up in the sidebar when you sign in to Coinbase.


What is the difference between a wallet and a vault?

A wallet makes sense for day-to-day spending. Think about it like the cash that you carry in your pocket: It is very convenient for daily spending, but you wouldn’t take your life savings with you everywhere you went.

The vault, on the other hand, can be treated like a savings account. Withdrawals are infrequent and have additional verification steps making them slower, with increased security.

We recommend you store smaller amounts of bitcoin in your wallet for convenient spending (including connecting mobile apps), while using vaults for larger amounts of bitcoin and investment purposes.

What security does the vault offer?

Some security options the vault provides include:

  • Time delayed withdrawals: You can add a 48 hour delay to all vault withdrawals. During this period we will contact you using various communication channels to ensure you are the one who has approved the withdrawal. 
  • Multiple approvers: Individuals and organizations can now jointly create vault accounts, with some combination of approvers (say 2 of 3, or 3 of 5) required to initiate a withdrawal. This greatly improves security since it requires multiple people to approve a withdrawal before it will be processed.
  • Offline Storage: Our vault uses the same cold storage technology that is used by 1.4M Coinbase customers today. This keeps up to 97% of bitcoin stored entirely offline, disconnected from the internet, in a geographically distributed set of private vaults and safe deposit boxes.

“Multi-sig” technology for The Vault – Coming Soon

To complete the Coinbase Vault offering, we will be adding multi-signature (“multi-sig”) technology in the coming weeks to enable customers to manage their own vault security. The first iteration of the vault we completed uses the battle-tested offline storage technology we have in use today. We will release our multi-sig vault approach as well once it has been appropriately vetted by security teams both internally at Coinbase and externally.

What is the cost of using a Coinbase vault?

Coinbase vaults are free to use (just like our wallet product). Coinbase only charges a fee (1% or less based on volume) when customers buy or sell bitcoin, converting it to their local currency.

When will the vault be available?

We are rolling out the vault to 5% of customers today, with a general availability release targeted for July 16th.

To give it a try please sign up for Coinbase, then visit the accounts page and click “New Account”.

Finally, here are some more screenshots of the vault in action. We hope you find it useful:






1-800-FLOWERS.COM Partners with Coinbase to Accept Bitcoin

Jul 1st, 2014

Looking to send your friend birthday flowers or give your significant other something special? Good news: buying flowers and gifts will be easier for customers of

Beginning this fall, 1-800-FLOWERS will be adding bitcoin as a payment option across its extensive family of gifting sites, including 1-800-FLOWERS.COM,, Cheryl’,,,, and

Bitcoin is becoming an increasingly popular method to make ecommerce purchases and we’re glad to be helping 1-800-FLOWERS.COM customers make these purchases in an easy and secure way.

Coinbase Working with Intuit’s QuickBooks to Offer Bitcoin Payments to Small Business

Jun 25th, 2014

We’re proud to announce our integration with Intuit, a leading provider of business and financial management solutions serving more than five million small business customers.

Starting today, Coinbase and QuickBooks Online are collaborating to offer PayByCoin, a new service from Intuit that will enable small businesses to accept bitcoin payments.

How does it work?

  • Small business operators register with Coinbase and link their bitcoin wallet to their QuickBooks Online account.
  • When a customer receives an invoice, they now have the option to pay by bitcoin, in addition to existing methods such as credit cards and bank transfers.
  • Intuit does not currently charge a fee for this new service. Coinbase does not charge any fees for the first $1,000,000 USD in bitcoin transactions; after that, a 1% payment processing fee with be charged when converting bitcoin to USD.

Last year, Intuit processed approximately $40 billion in payments.  And today, by making bitcoin payment an option for the 624,000 small businesses who use QuickBooks Online furthers our goal of driving broad mainstream adoption of bitcoin. With Intuit’s new PayByCoin service, even more customers can feel safe and secure when paying for goods, and many more merchants will be able to enjoy little to no fees when accepting payments.

For more information on this integration, please visit Intuit’s PayByCoin page, here.

Merchant Highlights: Crowdrise, Treehouse and Samovar Tea

Jun 23rd, 2014

We are excited to highlight three new businesses that are using Coinbase merchant tools to accept bitcoin: Crowdrise, Treehouse, and Samovar Tea.



Crowdrise, a leading crowdfunding platform for charities, is now using Coinbase to enable charities on its platform to accept bitcoin. Crowdrise is an innovative, cost-effective way for major charities from across the world to launch online fundraising campaigns, as well as for celebrities to raise money on behalf of charities. Today, Fred Wilson of Union Square Ventures is launching a charity campaign for the NYC Foundation for Computer Science Innovation. Bitcoin donors will get a seat “A Fred Talk for Good” on July 14th at NYU’s Eisner & Lubin auditorium.


Online education company Treehouse is now using Coinbase to accept bitcoin for its subscription based web design and development education services. Treehouse offers a Basic package that provides users with access to more than 1,000 videos, live practice tools, quizzes and members forums and a Pro package that also includes access to exclusive workshops and a personalized training curriculum. We’re excited to help Treehouse, Kahn Academy, and other providers of online education use bitcoin.



Samovar Tea, a multi-location tea lounge in San Francisco, is now using the Coinbase Merchant App on Android to accept bitcoin for in-store payments. Samovar recently opened a new location in The Mission (411 Valencia Street) and is accepting bitcoin at that location only. If you’re in the area, go check them out and buy some tea with bitcoin!

Merchant adoption of bitcoin is accelerating and we are growing our sales team. Interested in working at Coinbase to help onboard new merchants? We will be at the NYC Bitcoin Job Fair this Saturday, June 28th from 12 – 5:00 PM. Stop by 40 Broad Street to learn more about our Account Executive position.