A new browser extension allows payments on Amazon with the help of cryptocurrencies

by Osiris Team


Posted on Oct. 22, 2019, 11:56 a.m.
Adoption Development
Time to read: 1 min
All

Amazon users can now buy goods with Bitcoin via the Lightning Network because of a new startup called "Moon."

According to TechCrunch, the company with a flashy name has just released a browser extension that will allow making payments on the biggest e-commerce platform.

You can use any Bitcoin wallet with the Lightning Network support in order to make instantaneous transactions. For instance, Electrum, one of the most widely used Bitcoin wallets, now supports the popular off-chain scaling solution.

Another option is to link the extension to your Coinbase account and make a payment with Bitcoin, Ethereum, or Litecoin while leveraging the API of the number one cryptocurrency exchange in the US.

While Overstock.com, Newegg and some other major retailers have already embraced crypto, Amazon is yet to move in this direction. Moon makes the magic happen by converting crypto to fiat without charging additional fees.

As of now, the service is only available in the US, but Moon soon plans to expand to other countries.

Back in May, U.Today reported how Flexa's payment app Spedn allowed Whole Foods, Crate and Barrel, and other brick-and-mortar retailers to accept crypto payments.


Related links:
Source
Like and comment it on:

More cryptocurrency news

Latest news

Coinbase Card rolls out DAI as first supported stablecoin

Coinbase Card, a crypto-powered Visa debit card from major crypto exchange Coinbase, now supports Dai, a stablecoin pegged to the United States dollar.


Development
DAI

Dec. 6, 2019, 6:36 p.m.

Microsoft teams up with Enjin to offer crypto collectible rewards

Do good work, earn a "badger" - that's the idea behind a new incentive launched by Microsoft and blockchain gaming project Enjin.


Development
General

Dec. 5, 2019, 2:36 p.m.

Cointelegraph launches Consulting division to drive enterprise blockchain adoption

Cointelegraph has announced the launch of its Cointelegraph Consulting division, which is focused on advancing enterprise blockchain adoption by helping companies understand the potential of blockchain and then matching them with enterprise vendors to implement solutions.


Adoption Development
General

Dec. 4, 2019, 2:20 p.m.

China’s Great Firewall has blocked access to Ethereum block explorer

China's Great Firewall, used by the government to regulate access to foreign internet sites, has blocked one of the most popular sources of Ethereum blockchain data.


Development Regulatory
ETH

Dec. 3, 2019, 5:51 p.m.

Stellar’s Foundation just destroyed half the supply of its Lumens cryptocurrency

The Stellar Development Foundation has burned 55 billion of its XLM tokens, over half the cryptocurrency’s supply, CEO Denelle Dixon announced from the stage of the Stellar Meridian conference Monday.


Alerts Development
XLM

Nov. 6, 2019, 10:09 a.m.

Follow us