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Feb. 6, 2019

Although the beginning of the new year has not been the most successful one for numerous crypto exchanges, with many facing the lowest trading volumes since 2017, the majority do not intend to sit back — and continue offering operational upgrades.

Just check Coinbase’s example.

The US major crypto exchange has recently announced two large updates: it is expanding support for PayPal withdrawals to its users in the European Union and in the European Free Trade Association countries (in a total of 32 countries) — and will add support for Bitcoin (BTC) on Coinbase Wallet app for both iOS and Android devices.

Before the PayPal upgrade European users could only withdraw fiat funds from Coinbase through SEPA transfers and UK Faster Payments — and Coinbase Wallet app only supported direct storing of Ethereum (ETH), Ethereum Classic (ETC) and a series of ERC20 tokens. Now, the BTC support will roll out over the next week.

In the meanwhile (and throughout this year) the crypto exchange is working on support for Bitcoin Cash (BCH), Litecoin (LTC) and other popular cryptocurrencies — and for the PayPal withdrawals option in other nations.

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