Bringing simple and convenient e-commerce solutions to existing Bitcoin users is a great step forward in growing the ecosystem. As more and more people can accept Bitcoin payments directly, a new wave of virtual currency adoption might be just around the corner. Coinkite, a wallet provider, recently presented their new e-commerce solution for Bitcoin users.
A Buy-It-Now Button For Coinkite Users
Rather than just looking at this new Coinkite feature as a way to sell goods and services in exchange for Bitcoin, the buy-it-now button can be used to accept Bitcoin donations as well. All payments received with this new e-commerce solution will automatically transfer incoming transactions to the user’s Coinkite wallet.
It is important to note that Coinkite’s e-commerce solution is not limited to using one and the same receiving address all the time. Similar to how other Bitcoin e-commerce solutions work, receiving addresses will be rotated automatically, increasing the privacy level and offering an accounting advantage for Coinkite users.