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Coinbase adds the ability to buy cryptocurrencies with PayPal

Nasdaq-listed Bitcoin exchange Coinbase has allowed US residents to buy cryptocurrencies using PayPal.

Users can use debit cards and bank accounts linked to PayPal. The new functionality does not support credit cards and electronic checks, the company noted.

“If you have a PayPal account, you can start trading on Coinbase right away. Users do not need to add bank account details and card numbers to Coinbase — they can continue to use PayPal, ”the message says.

The exchange has set a daily limit of up to $ 25,000. The commission will be 3.99%. In the near future, the company plans to connect users from other countries to the service.

On April 26, 2021, Coinbase Pro added Tether’s USDT stablecoin to its listing.

Earlier, the cryptocurrency exchange announced the launch of the 10 Percent project, which implies the allocation of 10% of free resources to support the modernization program.

Recall that TIME magazine included Coinbase in the list of 100 most influential companies. The company made it to the Titans section, which also includes PayPal, Amazon and Google.

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Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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