Coinbase integrates PayPal for U.S. crypto users

Singapore, SINGAPORE – Coinbase, one of the largest cryptocurrency exchanges in the world has now initiated PayPal withdrawals for their customers in the United States. Their users there will now have better crypto and fiat accessibility as the exchange is allowing them to withdraw Coinbase Cash balances to their PayPal accounts. 

PayPal is one of the world’s largest payment platforms, and will now act as another link between the crypto exchange and fiat currencies. The withdrawals to PayPal will be free.

Coinbase said:

“These withdrawals are not only fast; they’re free and incur no fees. We work hard to make Coinbase the easiest and most trusted platform around – and now, moving your cryptocurrency to cash is easier and more affordable than ever.”

The Coinbase’s PayPal integration has opened new doors and opportunity to bitcoin investors who wish to conveniently invest or take out their funds from cryptocurrencies such as bitcoin. PayPal is exceptionally convenient than decentralisation for newcomers in the crypto-sphere. 

The exchange noted that the customers want an open financial system which includes having the flexibility to use crypto, however, and whenever the users want as stated:

“This integration is a big step forward in realizing that vision, allowing you to smoothly and instantly transfer your funds to cash.”

The cryptocurrency exchange recently announced that it would allow users to buy e-gift cards with cryptocurrency which could then be spent at well-known brands like Nike and Uber.