Instant PayPal withdrawals now available for all Coinbase customers in the US
U.S. customers now can instantly withdraw Coinbase balances to PayPal. Moreover, these withdrawals are free and incur no fees.
Before, a user needed an ACH or Federal Wire account to withdraw funds. These traditional finance networks can add up to two business days to a withdrawal. That’s why Coinbase and PayPal rebuilt their integration.
To use this new withdrawal option, sign in to Coinbase and link your PayPal account to your Coinbase account. Select your PayPal account as a payment option when withdrawing your cash balance to move your funds instantly.
According to Coinbase, support for PayPal will be rolling out across more countries in 2019.