Coinbase has integrated PayPal payments in Germany and the UK
Date: 2023-09-03 Author: Karina Ziganova Categories: CRYPTO PAYMENTS
Crypto exchange Coinbase has entered into a partnership agreement with the PayPal payment system. As part of the collaboration, she integrated PayPal payments for buying and withdrawing cryptocurrencies in Germany and the UK.
Users from these European countries who have a PayPal account can immediately start transacting on Coinbase, the exchange said. According to the press release, they won't have to enter their bank accounts or card numbers on the exchange.
“We are excited to partner with PayPal to offer our users in Germany and the UK another fast, secure and convenient way to buy crypto,” wrote Daniel Seifert, vice president and regional manager of Coinbase.
In a press release, Coinbase states that in the next few months, the crypto exchange will expand the ability to purchase digital assets using PayPal in other EU countries.
On August 31, 2023, the company announced the upcoming listing of the stablecoin PYUSD. In addition, the exchange presented a detailed plan for the decentralization of the Base network.
