Sive Morten
Special Consultant to the FPA
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Coinbase announced recently ability to buy cryptocurrencies using personal Paypal account. As Coinbase reports -
"If you have an existing PayPal account, you’ll be able to start making transactions on Coinbase right away. Plus, there’s no need to add bank accounts or card numbers directly to Coinbase — you can continue using PayPal to securely manage your information."
1. Select the crypto you want to buy;
2. Tap on the payment method then “Add a payment method” to select PayPal. You’ll be taken to a PayPal login screen — make sure your PayPal email address is the same as the Coinbase email address, otherwise you’ll have to go through a two-factor authentication flow;
3. After you log in, you can select or add a debit card or bank account linked to your PayPal account.
4. Once you’re done, you can make a purchase up to $25,000 a day with your PayPal account.
Customers in the US can buy crypto with a connected bank account via ACH or Wire transfer, a debit card, funds in their Coinbase USD wallet, in addition to now using funds from a connected PayPal account.
"If you have an existing PayPal account, you’ll be able to start making transactions on Coinbase right away. Plus, there’s no need to add bank accounts or card numbers directly to Coinbase — you can continue using PayPal to securely manage your information."
Simple and Easy
When you’re ready to fund crypto purchases with PayPal:1. Select the crypto you want to buy;
2. Tap on the payment method then “Add a payment method” to select PayPal. You’ll be taken to a PayPal login screen — make sure your PayPal email address is the same as the Coinbase email address, otherwise you’ll have to go through a two-factor authentication flow;
3. After you log in, you can select or add a debit card or bank account linked to your PayPal account.
4. Once you’re done, you can make a purchase up to $25,000 a day with your PayPal account.
Customers in the US can buy crypto with a connected bank account via ACH or Wire transfer, a debit card, funds in their Coinbase USD wallet, in addition to now using funds from a connected PayPal account.
