• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Ledger CTO Warns Of Crypto Clipper Malware Following Major NPM Breach
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Ledger CTO Warns Of Crypto Clipper Malware Following Major NPM Breach

Coinbase Pairs With PayPal To Enable Easy Crypto Purchases

Anifowoshe Ibrahim
by Anifowoshe Ibrahim
4 years ago
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Coinbase will now allow users to buy cryptocurrency with their PayPal accounts.

This move, which was announced on Thursday, is a major signal of crypto’s increasing mainstream acceptance. It’s also a major expansion in Coinbase’s funding rails.

Buying Crypto Should Be Easy

“Buying crypto should be simple and easy,” Coinbase said in a blog post announcing the partnership. “However, moving money in the traditional world of finance can be anything but.”

We're now offering customers in the US a simple and speedy way to buy crypto on Coinbase using PayPal. We’re now one step further in bringing everyone easy and secure access to the cryptoeconomy. Learn how here: https://t.co/WxveJ8cGd6

— Coinbase 🛡️ (@coinbase) April 29, 2021

To use Paypal on Coinbase, users will select Paypal as a payment method when buying cryptocurrencies. They will then be taken to a Paypal login screen. Coinbase explained:

You can make a purchase up to $25,000 a day with your Paypal account.

Besides allowing Paypal as a funding source, “customers in the U.S. can buy crypto with a connected bank account via ACH or wire transfer, a debit card, [or] funds in their Coinbase USD wallet.”

Coinbase added: “In the coming months, we’ll expand the ability to purchase crypto using funds from Paypal to more countries. Cash withdrawals to Paypal are already available in the US, Canada, EU and UK.”

To use the new option, Coinbase says you can add your PayPal account via the “Add a payment method” option, which links to the PayPal login screen. Purchases made via PayPal are capped at $25,000 a day, or 0.46 Bitcoin as of this writing. Debit cards and bank accounts linked to a PayPal account can be used to buy cryptocurrencies, but a Coinbase FAQ notes the feature doesn’t support payment methods like prepaid cards or credit cards.

Coinbase has provided U.S. customers with PayPal sell functions since 2016 and withdrawal capabilities since late 2018. It expanded the option to much of Europe two months later. Cash withdrawals are live in the U.S., U.K., European Union and Canada.

Related article | One Week After Listing, How is Coinbase’s COIN Doing On Nasdaq?

The News Comes After Crypto On Venmo

The news comes after PayPal’s peer-to-peer (P2P) payment app, Venmo, announced earlier this month that it is now offering its approximate 77 million users a direct path into the cryptocurrency world. The app allows users to purchase, sell, and keep digital currencies such as bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Users can convert their digital currency into fiat to complete transactions with its 29 million global merchants using its Checkout with Crypto app. PayPal has confirmed that there will be no fees charged at the time of purchase.

Paypal itself also offers the buying, selling, and holding of select cryptocurrencies. In addition, the company launched a “checkout with crypto” service allowing users to spend their coins at millions of merchants. However, unlike with Coinbase, Paypal’s terms of service state that “You will not be able to transfer crypto assets from your cryptocurrencies hub to another cryptocurrency wallet.”

ETH/USD has remained in the 2,700 to $2,800 range for the last 24 hours. ETH/USD chart from tradingview.com

Related article | Venmo, PayPal, Cash App: Who Is Next To Support Bitcoin, Crypto

Featured image from Pixabay, Charts from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Anifowoshe Ibrahim

Anifowoshe Ibrahim

Follow

Full Profile

Related Posts

Roger Ver on AI in Crypto and What It Means for His Altcoin Outlook

Roger Ver on AI in Crypto and What It Means for His Altcoin Outlook

12 hours ago
Toobit Joins Solana APEX – Singapore as Titan Sponsor

Toobit Joins Solana APEX – Singapore as Titan Sponsor

3 days ago
crypto

Crypto Within Reach: Why a Local, Regulated Exchange Matters

4 days ago
Is Bitcoin Set For Its Next Explosive Growth Phase?

Is Bitcoin Set For Its Next Explosive Growth Phase?

1 week ago
Want to make money with crypto? Check out my BTC XRP test first.

Want to make money with crypto? Check out my BTC XRP test first.

1 week ago
somnia

Fan Frenzy: Football Chat App The Residency Drives Huge Interest with Fans and Footballers on Somnia

1 week ago
Please login to join discussion

Premium Sponsors

Press Releases

  • Domain Scams

    Scam Coinomize Domains: How to Spot and Stop Domain Scams

    2 hours ago
  • miner

    New hope for XRP holders: Switch strategies and earn $7,481...

    4 hours ago
  • miner

    ETF fever sweeps the market, BAY Miner cloud mining allows...

    5 hours ago
  • miner

    Institutional capital pours into DOT Miners, pushing XRP...

    5 hours ago
  • miner

    Ripple (XRP) on-chain popularity surges: FindMining opens...

    5 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.