PayPal Withdrawals Now Available for all U.S. Coinbase Customers
Cryptocurrency exchange Coinbase, the main US fiat on-ramp, has introduced free of charge cash withdrawals to online payment system PayPal. This is according to their announcement published Dec. 14 HERE.
Starting today, Coinbase’s United States-based customers are able to withdraw their cash balances to Paypal.
These withdrawals are not only fast; they’re free and incur no fees. --According to the blog post
The service for other countries will be deployed some time in 2019.
Coinbase and PayPal previously integrated in the summer of 2016. At that time, Coinbase added support for the payment platform in addition to major VISA credit cards. Coinbase users were then able to sell Bitcoin (BTC) and have their fiat funds deposited to a PayPal wallet. The integration was postponed due to "technical difficulties" (aka fear of government).
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Any development is a good one. However it seems most of the ppl I know have had their coinbase accounts forcibly closed without explanation.
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