Coinbase confirmed the commencement of withdrawal of funds through PayPal

American cryptocurrency exchange Coinbase has officially confirmed that at the end of last week the information that she begins to withdraw assets users using PayPal. The corresponding page appeared on its website in the FAQ section, but some of the announcement it in this regard did not.

«Since November, Coinbase offers its customers the possibility to associate a PayPal account and Coinbase. Depending on country of residence clients will be able either to withdraw Fiat with PayPal, or sell the cryptocurrency with the withdrawal of asset on PayPal», — stated in the publication.

The service is provided to users free of charge and not connected all at the same time. So, some Twitter users having multiple accounts on Coinbase, observed that account with premium functions gained access to new options faster than normal.

Withdrawal via PayPal is already available to some users in the US, EU, UK, and Canada in U.S. dollars, euros and British pounds. It is also possible to implement support for Australian and canadian dollars in the future.

Before you start to use the service, the user must go through all the necessary stages of verification and receive an email confirmation. About making deposits via PayPal at the present time, the company says nothing.

Last week it became known about the intention of Coinbase to launch off-exchange platform for trading cryptocurrencies.


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