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Coinbase to enable PayPal Withdrawals for Its Customers in Europe

  • Exchange giants Coinbase announced their support for PayPal withdrawals for its customers in Europe.
  • Prior to PayPal integration, U.S. customers needed either an ACH or a Fedwire account to withdraw fiat (USD) from their Coinbase account. These methods usually took more than two days.

Digital asset exchange giants Coinbase announced their support for PayPal withdrawals for its customers in Europe. Prior to PayPal integration, U.S. customers needed either an ACH or a Fedwire account to withdraw fiat (USD) from their Coinbase account. These methods usually took more than two days.  

According to their statement, as made on Tuesday, January 5:

“Starting today, U.S. customers can instantly withdraw Coinbase balances to PayPal, providing even faster access to their funds through one of the world’s easiest and most widely-used payment platforms. 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.”

 

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