Earlier this year we announced the launch of Coinbase Commerce as well as the upcoming deprecation of Merchant Tools. After today, merchants using the legacy Coinbase Merchant Tools product will no longer be able to generate new orders to accept bitcoin.
To ensure that our customers are benefiting the most from the latest developments in cryptocurrency, we’re encouraging merchants to migrate to Coinbase Commerce for accepting cryptocurrencies.
What is Coinbase Commerce?
Coinbase Commerce is a new service that enables merchants to accept multiple cryptocurrencies directly into a user-controlled wallet. Our mission at Coinbase is to create an open financial system, so we’ve designed Coinbase Commerce to be a free non-custodial solution for accepting cryptocurrency so merchants can maintain full control over their funds.
If you are still using Coinbase Merchant Tools you will still be able to refund customers and will continue to have access to the product until May 31st 2018. After May 31st, you will still have access to your Coinbase account but will not have access to Merchant Tools. If you have any questions, you can reach us at email@example.com.
As before, we’ll continue to post reminders here on the Commerce blog.