The Nasdaq-listed bitcoin exchange Coinbase has allowed US residents to buy crypto using PayPal.
We’re now offering customers in the US a simple and speedy way to buy crypto on Coinbase using PayPal.
Users can use debit cards and bank accounts linked to PayPal to buy digital assets on Coinbase.
We're now offering customers in the US a simple and speedy way to buy crypto on Coinbase using PayPal. We’re now one step further in bringing everyone easy and secure access to the cryptoeconomy. Learn how here: https://t.co/WxveJ8cGd6
— Coinbase (@coinbase) April 29, 2021
If you have an existing PayPal account, you’ll be able to start making transactions on Coinbase right away. Plus, there’s no need to add bank accounts or card numbers directly to Coinbase — you can continue using PayPal to securely manage your information.
The exchange has set a daily limit-up to $25,000. The commission will be 3.99%. In the near future, In the coming months Coinbase will expand the ability to purchase crypto using funds from PayPal to more countries. Cash withdrawals to PayPal are already available in the US, Canada, EU and UK.
On April 26, 2021, Coinbase Pro added the USDT stablecoin Tether to their listing.
Recall that TIME magazine included Coinbase in the list of the 100 most influential companies. The company got into the “Titans” section, which also included PayPal, Amazon and Google.
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