Coinbase adds Paypal withdrawals to fiat for verified customers

posted 8 months ago
Recently Coinbase quietly added free PayPal withdrawal facilities for its users. Coinbase did not make any major announcements on this via their Medium blog or Twitter accounts. However, eligible users have been sent emails, and Coinbase set up a PayPal FAQ page on their website.

The option itself is available to some users based in the US, EU, UK, & Canada. However this move indicates that AUD may also be added to the wallets soon. Notably, users have to complete all identity verification steps and must receive an email confirming that such an option is available to them before using this feature. The movement of funds is currently unidirectional (withdrawals only.)
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