Finance & Economics

Crypto users got another option of moving cryptocurrency to cash

Instant PayPal withdrawals now available for all Coinbase customers in the US

Crypto users got another option of moving cryptocurrency to cash. Source:

U.S. customers now can instantly withdraw Coinbase balances to PayPal. Moreover, these withdrawals are free and incur no fees.

We work hard to make Coinbase the easiest and most trusted platform around — and now, moving your cryptocurrency to cash is easier and more affordable than ever

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.

SEE ALSO: Coinbase users can follow their favorite assets

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