Coinbase Wallet, a service offered by the leading cryptocurrency exchange within the United States, now supports “.crypto” domains via an integration with blockchain domain provider Unstoppable Domains.
Coinbase users can now send payments to each other by simply typing a .crypto domain rather than using long-form cryptographic addresses, in lin with the Unstoppable Domains.
By introducing the new integration, Coinbase Wallet joins leading cryptocurrency exchange Huobi, that announced an identical feature in earlier in the month of June.
Brad Kam, co-founder of Unstoppable Domains, says that Coinbase Wallet is among the first platform to offer an “all in one solution” for all cryptocurrencies offered by the wallet. Consistent with Unstoppable Domains, Coinbase wallet supports .crypto domains in Bitcoin [BTC], Ethereum [ETH] along with other currencies offered by the wallet.
Apart from Huobi and Coinbase Wallet, .crypto domains have also been supported by Trust Wallet, an official self-custody wallet owned by the global leading cryptocurrency exchange, Binance.
Featuring Unstoppable Domains-Powered Domains
Alongside featuring Unstoppable Domains-powered domains, Coinbase wallet will also offer custody support for .crypto domains within the collectibles section of its apps. The Winklevoss-founded Gemini exchange also unrolled custody for .crypto domains earlier on 23rd July.
Coinbase users can also register and manage domains via the Coinbase decentralized application [DApp] browser. So as to transfer a transaction to a domain, Coinbase users got to pradd their wallets to Unstoppable Domains within the DApp browser, Kam added.
Blockchain technology is being increasingly implemented by the domain providers. Earlier on 21st July, renowned domain registry Verisign acquired a blockchain patent to rework traditional domains into blockchain user addresses to enable interactions with other participants on the network. After launching Ethereum based .crypto domains earlier in 2019, Unstoppable Domains has registered over 200k domains so far.