Founded in 2012, Coinbase is a cryptocurrency exchange platform. Judging by trading volume, Coinbase is considered to be one of the largest cryptocurrency exchange in the world. What is crypto? Wikipedia describes cryptocurrency as "a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger" in form of a computerised database using cryptography".
To fully understand the concept of cryptocurrency, you need to understand the technology behind it which is known as Blockchain; a decentralised database that encrypts information, with the aim of transparency and creating trust through a distributed ledger. In the case of crypto, the database exists across many people's computers. Cryptocurrency Bitcoin, Ethereum and Litecoin make use of Blockchain technology to ensure that no one person or group have control over the database.
We are happy to share that you can now buy drones for sale using Bitcoin, Bitcoin Cash, Ethereum and Litecoin on Dronescend. We are not the only company accepting Cryptocurrency. Tesla [EV manufacturer] has started to accept Bitcoin for their cars.
Since we launched in 2018, we have been accepting multiple payment methods such as PayPal, Klarna, etc. PayPal has also announced that they will start allowing users to pay with cryptocurrencies such as Bitcoin. Pending this solution from PayPal, you can still shop drones for sale and "pay with crypto" on our website. This is powered by Coinbase Commerce, which has a secure crypto exchange platform. Welcome to the new age for democratisation of finance.