Last year Coinbase announced support for PayPal in the U.S., and today Coinbase expanding that support for PayPal withdrawals to all E.U. customers and customers in European Free Trade Association countries (Iceland, Liechtenstein, Norway, and Switzerland). Coinbase strive to make Coinbase the safest and easiest place to use cryptocurrency — offering convenient withdrawal options like PayPal is another big step towards that goal.
Before PayPal, SEPA and UK Faster Payments were the only options for European customers to withdraw funds. Part of our commitment to being the safest and easiest is to support the preferred transfer options for our customers around the world. As one of the world’s easiest and most widely-used payment platforms, adding PayPal as a withdrawal option for European customers offers another great option for withdrawing their funds.
To get started, sign in to Coinbase and link your PayPal account to your Coinbase account. Select your PayPal account as a payment option when withdrawing your cash balance to easily move your funds.