RATE Group | Cryptocurrency Exchange Coinbase Adds PayPal for Fiat Withdrawals
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Cryptocurrency Exchange Coinbase Adds PayPal for Fiat Withdrawals

04 Dec Cryptocurrency Exchange Coinbase Adds PayPal for Fiat Withdrawals

Posted at 16:27h in Cryptocurrency News by

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Photo credit: Coinbase website

Cryptocurrency exchange Coinbase has discreetly added Paypal for fiat withdrawals. Now customers using the platform will be able to directly transfer their fiat into their PayPal accounts.

What makes this interesting is, the cryptocurrency exchange introduced this feature without any form of prior intimation. According to a news portal The Bitcoin News, the new feature makes Fiat payouts at Coinbase easier than before, so you no longer need to use a traditional bank, but can conveniently and easily transfer directly to your PayPal account (Fiat payouts). However, to use this feature, the user must disclose his identity and country of residence and wait for Coinbase to verify. However, the PayPal feature is not widely available, because according to the Coinbase FAQ, the service will initially only be available in selected countries that are not yet known.

The portal noted that the integration will make it easier and more…

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