Coinbase Users from 32 EU Countries Now Can Withdraw Money Via PayPal
Coinbase, one of the largest crypto exchanges in the world, allowed customers from European countries to withdraw money through PayPal.
Previously, Coinbase customers from the EU could withdraw money only through the European banking system SEPA or the British payment network Faster Payments.
Now, as Coinbase reports, users can cash out a cryptocurrency using the global payment system PayPal. So far, the withdrawal works only for customers from 28 EU member states, as well as clients from Switzerland, Norway, Liechtenstein and Iceland.
In the foreseeable future, Coinbase plans to provide a similar opportunity to residents of other European countries. The company did not specify which ones, and when they will be able to withdraw money via PayPal.