In a sign that the cryptocurrency market is about to take off again, Coinfloor has announced it will start accepting Bitcoin, Ethereum, LiteCoin and DogeCoin as payment methods.
The news comes as more and more people are beginning to get their feet wet in the cryptocurrency space.
The company said in a statement: “As a result of our partnership with Coinbase, we are able to offer a more convenient and seamless solution for our users.
Our partners can now pay with cryptocurrencies in a way that makes it easier for them to access their investment opportunities.”
Coins have been gaining popularity lately in an increasingly volatile market, with Bitcoin’s value surging from $1,200 a few months ago to over $7,000 today.
In addition to allowing users to access Bitcoin through their favorite exchanges, Coins also allow users to make cryptocurrency transactions online through Coinbase’s platform.
Coinflip has also recently announced plans to expand its offerings, launching a service called Coinpayments.
That service will allow people to pay their bills in cryptocurrency and will allow them to send payments directly to other people’s Bitcoin wallets.
The announcement of this partnership is a sign of the growth in cryptocurrency’s acceptance as a payment option.
Last year, Coinflip partnered with an exchange called Cryptsy to offer cryptocurrency trading, but the company was unable to keep up with demand.
CoinFlip said that it is hoping to continue expanding its cryptocurrency trading platform.
The platform also announced plans for CoinPayments, which will allow users who have not used Coinbase to pay in cryptocurrency.
The partnership between Coins and Coinbase comes after several other cryptocurrency exchanges started accepting Bitcoin payments.
Last month, Coinmarketcap said that Coinbase and other cryptocurrency exchange operators were working on a payment processing service.