The U.S.-based crypto-related trading platform Coinbase has launched a new feature — instant withdrawals to PayPal with no fees.
Before today, Coinbase users had to have an ACH or Federal Wire account to withdraw funds.
“We’re always looking for ways to not only meet the bar set by traditional finance, but raise it. That’s why we rebuilt our integration to ensure that the speed and reliability of PayPal withdrawals does just that,” states the announcement.
At press time, the service is available only for Coinbase clients from the U.S., though the company claims support for PayPal “will be rolling out across more countries in 2019.”
Earlier, Coinbase announced its plans for a possible large-scale addition of cryptocurrency assets to its platform. Among the listed assets are civic (CVC), district0x (DNT), loom network (LOOM), and decentraland (MANA).
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