Coinbase Commerce closed. What next?

Coinbase asked Commerce merchants to move to Coinbase Business by 31 March 2026. Business only accepts companies with a legal entity in the US or Singapore. Everyone else was told to move to an alternative provider. Looking for a Coinbase Commerce alternative? CoinGate is MiCA-licensed and supports businesses in all 27 EU countries.

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Coinbase Commerce closed. What next?

What changed when Coinbase Commerce closed

Commerce stopped on 31 March

That was Coinbase’s deadline to move. After it, merchants can’t create charges or open the Commerce dashboard.

Read Coinbase's transition guide

Only US and Singapore firms

Coinbase Business accepts C Corporations and LLCs based in the US or Singapore. Coinbase says it plans to expand to more markets.

See who can apply

The fee sits behind a login

Coinbase Business charges a fee on each completed payment and asks you to log in to see it. Merchants who moved from Commerce keep 1%.

See Coinbase Business payments

Coinbase Business and CoinGate, compared

Coinbase Business is where Commerce merchants were sent. Each Coinbase fact links to Coinbase’s own pages.

CoinGate
Access and licence
MiCA licence
Checked on ESMA's interim MiCA register.
Since 16 Dec 2025, Bank of Lithuania
Who can sign up
Businesses in 60 countries, including all 27 in the EU
Accepting payments
Processing fee
Published list prices. Network fees are not included.
1% on Standard. No monthly, setup or integration fees
What customers pay with
11 assets, Lightning on by default
Checkout options
6 plugins and an API, with a sandbox
Getting paid
Settlement
EUR, GBP or USD, stablecoins or crypto. SEPA free from 50 EUR
Payouts, invoices and refunds
Payouts
Payout Links by email, or CSV and API with four-eye approval
Invoices
Email or link, weekly or monthly schedule
Refunds
Full or partial, from the dashboard or API
Create business account
Coinbase Business

Successor to Commerce

Access and licence
MiCA licence
Checked on ESMA's interim MiCA register.
Coinbase Luxembourg S.A. holds one, from the CSSF
Who can sign up
C Corps and LLCs in the US and Singapore
Accepting payments
Processing fee
Published list prices. Network fees are not included.
Shown after you log in
1% for merchants moved from Commerce
What customers pay with
USDC, or USDT on Ethereum in select places
Checkout options
Payment links and a Checkouts API
Getting paid
Settlement
USDC. Convert it, or withdraw to a bank
Payouts, invoices and refunds
Payouts
Automated payouts through its APIs
Invoices
Invoices, plus reusable links for recurring payments
Refunds
Full or partial, via API

Checked on 2 October 2026. CoinGate makes no representation as to the completeness or accuracy of third-party information. If something here is out of date, tell us and we will correct it.

Coinbase Commerce and Coinbase Business are different products

Coinbase’s own transition guide puts them side by side. Business holds your funds, accepts stablecoins and serves companies in the US and Singapore. Coinbase says Business “may not be the right fit for everyone”. If your company is in the EU, it isn’t an option yet.

Read Coinbase's comparison table

Pick a provider that matches where you trade

If your company is in the US or Singapore, you have a real choice. In the EU, Coinbase Business isn’t available yet.

1

Your company is in the EU

CoinGate is MiCA-licensed by the Bank of Lithuania and supports all 27 EU countries.

2

You want euros in the bank

Settle in EUR, GBP or USD. SEPA withdrawals are free from 50 EUR.

3

You want Bitcoin too

Accept 11 assets, including Bitcoin on Lightning, which is on by default.

4

You pay people by email

Payout Links need only an email. The recipient adds their own wallet.

1

US or Singapore company

Those are the two markets Coinbase Business serves today.

2

You hold USDC for a while

Coinbase Business pays rewards on USDC balances.

3

QuickBooks or Xero user

Coinbase Business connects to both.

4

AI agents pay you

Coinbase Business accepts payments from humans and AI agents.

How to move your checkout to CoinGate

1

Create your account

Sign up and verify your business. No setup or integration fees.

2

Pick a settlement currency

EUR, GBP, USD, stablecoins or crypto. Skip it and orders settle in USDC.

3

Swap your checkout

Install a plugin or connect the API. Test in the sandbox, then go live.

4

Recreate bills and payouts

Set up recurring bills or Payout Links whenever you need them.

“Instead of having to collect crypto ourselves and be exposed to FX risks, CoinGate saves time for us, which we could use to focus on growth.”

Eldorado.gg Head of Finance

Read the story

Coinbase Commerce in the EU: FAQ

Switching from Coinbase Commerce

Is Coinbase Commerce shutting down?

Yes. Coinbase asked merchants to move to Coinbase Business by 31 March 2026. After that date, they can no longer create charges or open the Commerce dashboard.

Can EU businesses use Coinbase Business?

Not yet. Coinbase Business is available to businesses with a legal entity in the US or Singapore. Coinbase says it plans to expand to more markets.

What does Coinbase Business charge?

A fee on each completed payment, which you see after you log in. Merchants who moved from Commerce keep 1%. Converting USDC to USD automatically costs an extra fee.

What happened to funds in Commerce wallets?

Commerce wallets were self-custodial, so Coinbase never held them. Coinbase told merchants to withdraw before 31 March 2026, and it can’t recover funds if a seed phrase is lost.

Is Coinbase licensed under MiCA?

Yes, through Coinbase Luxembourg S.A., authorised by the CSSF on 20 June 2025. Coinbase Business itself is still limited to US and Singapore companies. CoinGate’s operator, UAB Decentralized, was authorised by the Bank of Lithuania on 16 December 2025.

Which currencies can I settle in with CoinGate?

EUR, GBP or USD, USDC or EURC, or crypto such as BTC and ETH. If you don’t choose, orders settle in USDC.