Coinbase has decided to start supporting PayPal: starting this month, in fact, the exchange has announced that users can link their PayPal account to that of Coinbase.
Depending on the country of residence, in fact, users will be able to withdraw fiat currency through PayPal or sell cryptocurrencies with this payment method.
Linking the Coinbase account to PayPal is really easy and the blog post of the announcement explains the whole procedure.
Just complete the KYC, or the identification procedure on the exchange, and see if PayPal is supported in your country.
After that, just go to the Settings page on Coinbase, add a payment method and log in to PayPal. Supported currencies are US Dollar, Euro, Pound Sterling, Australian Dollar and Canadian Dollar.
Obviously, if you don’t find PayPal as a payment method in the Coinbase Settings, this means that the feature of linking the two accounts is not yet available in your country.
