Paypal can now be used on Coinbase

The digital platform reached an agreement with the cryptocurrency exchange to be able to use its system for the acquisition of digital assets

The companies Coinbase and Paypal announced a new agreement that will now allow you to acquire cryptocurrencies through the crypto assets portal and using cards that are associated with the digital platform.

For now, the new service is only available in the United States, but in the coming months it will reach more countries. The digital asset service tends to bet with its news on the countries of the European Union, although more specific information is lacking in this regard.

This is how those users who frequent Paypal and are in the US will be able to start enjoying this service from now on, for which they do not need a bank account but only a debit or credit card.

In the coming months, the possibility of buying crypto using funds from the digital system will be expanded to more countries. Also, remember Coinbase that cash withdrawals to PayPal are already available in the European Union (since 2019), the United States, Canada and the United Kingdom.

K. Tovar

Source: Genbeta

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