Trending
​
Top Tags

Nasdaq-listed crypto exchange Coinbase now allows customers in the U.S. to buy cryptocurrencies using PayPal.

The development means debit cards and bank accounts linked to PayPal can now be used to buy crypto on Coinbase. PayPal-linked credit cards and e-checks cannot be used, said Coinbase.

Until now, customers in the U.S. could buy crypto with a connected bank account via ACH or wire transfer, a debit card, and funds in their Coinbase USD wallet.

The addition of PayPal in payment methods makes crypto purchasing faster and simpler, said Coinbase, adding that users can “instantly” fund crypto purchases with PayPal.

The limit to purchase crypto through PayPal is up to $25,000 a day, and Coinbase charges 3.99% fees. Depositing USD from PayPal into Coinbase costs 2.5% fees.

While the option is currently only available for U.S. users, Coinbase said it would support more countries “in the coming months.”

Coinbase already supports cash withdrawals to PayPal in the U.S., Canada, EU, and the U.K.

Contributed by The Block.

On By Admin

You may also like

How Crypto Works?

One of the key aspects of the chain is its immutability. It is not possible to alter or delete transactions.

Why Is Crypto Down? The Truth.

Cryptocurrencies have experienced a significant decline in value over the past year. There are several significant reasons why the market has experienced such a downturn. Let's take a look the truth on why crypto is down.

Kraft Heinz CEO says people must get used to higher food prices

The head of food manufacturer Kraft Heinz says people must get used to higher food prices. According to Kraft Heinz CEO Miguel Patricio, the company is “raising prices, where necessary, around the world.” His comments follow a spike in energy and raw material prices alongside supply chain issues around the globe – prompting companies to increase prices.

Here is The Hidden $150 Trillion Agenda Behind The "Crusade" Against Climate Change

Now, in case someone is still confused, none of these institutions, and not a single of the erudite officials running them, give a rat's ass about the climate, about climate change risks, or about the fate of future generations of Americans (and certainly not about the rising water level sweeping away their massive waterfront mansions): if they did, total US debt and underfunded liabilities wouldn't be just shy of $160 trillion.
There is something wrong with Feed URL