The new way to acquire Cryptocurrencies.

Cryptocurrencies continue their course of growth and are increasingly demanded by different users, which is why every day more new alternatives to acquire any cryptocurrency that is on the market, for example a new form or way to acquire them is through Coinbase and PayPal, many users have a PayPal account under it Coinbase enabled the purchase of cryptocurrencies offered on its platform through PayPal. This new way of purchasing cryptocurrencies is only active for U.S. users at the moment, as an international expansion is expected in the coming months.

On April 29th, Coinbase made public a statement through its Product Manager Eddie Lo, where he stated the new way for users to acquire cryptocurrencies using their PayPal accounts, debit cards and their bank accounts associated with this service. In the same communiqué it is commented that the purchase process is very simple, since in just a few clips you can acquire cryptocurrencies quickly and securely, it is important to mention that the maximum purchase allowed is 25 thousand dollars per day.

On the other hand, Coinbase states that the more than 43 million users on its platform will benefit from the agreement between these two platforms, since users who do not have a PayPal account will be able to use it including all the benefits that PayPal offers. Coinbase's Product Manager states the following:

"Buying cryptocurrencies should be simple and easy. However, moving money in the traditional world of finance can be quite the opposite. Wire and ACH transfers can take time and effort, and we know you expect faster, smoother ways to make digital asset purchases. Now, you can instantly fund cryptocurrency purchases with PayPal with just a few taps."

This new strategic alliance between these two platforms makes it even easier for users to acquire cryptocurrencies, Paypal since 2020 allows its users to purchase BitCoin and other cryptocurrencies, but had limitations when it came to making a withdrawal to self-custody wallets. One of the main advantages that Coinbase now offers to PayPal users is that they will be able to withdraw their cryptocurrencies to their personal wallets without any inconvenience, another advantage is the variety of cryptocurrencies that PayPal users can acquire and even invest with them, for example by staking.

In conclusion, every day that passes cryptocurrencies continue to gain ground in the finance market, this because in much of the world you can perform any type of operation with them, from the purchase of items to invest in stock exchanges, also its decentralized nature allows users to make any transaction with their cryptocurrencies without restrictions, all this has generated that cryptocurrencies are in high demand.