Just-In: Coinbase Adds Paypal Payment Option For US Customers

Published by
Just-In: Coinbase Adds Paypal Payment Option For US Customers

Coinbase cryptocurrency exchange today added Paypal as a payment option for US customers, which would allow millions of US-based users to add their Paypal linked debit and credit card to their Coinbase account making way for seamless crypto purchase on the exchange.

The addition of Paypal as a payment option on the platform also offers an added privacy and security since users won’t have to add their card details to their coinbase account. The crypto exchange has set a $25,000 daily spending limit for the linked PayPal account.

The largest cryptocurrency exchange in the US made its public debut only a couple of weeks ago on Nasdaq with the highest public debut valuation of $85 billion. The crypto exchange boasts of over 50 million registered users and nearly a billion dollars in profits by the end of the first quarter and right before their public debut.

Advertisement

PayPal Continues Their Cryptocurrency Embracement Further

PayPal added a crypto trading and holding option later last year allowing US customers to buy, sell and hold Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. This year Paypal opened the gates for crypto usage by allowing its 300 million customers to spend their crypto holdings at millions of its vendors. PayPal’s growing interest in furthering its crypto business says a lot about the future of payments and the role of cryptocurrencies in it. The CEO of the firm in a recent interview had claimed that the response for the addition of crypto services within the app has been overwhelming.

Recently, PayPal owned Venmo added buy/sell and holding option for its 70 million users. This bull season has seen a massive widespread adoption of cryptocurrencies right from PayPal to some of the biggest critics of Bitcoin on Wall Street.

 

Advertisement

Share
Prashant Jha

An engineering graduate, Prashant focuses on UK and Indian markets. As a crypto-journalist, his interests lie in blockchain technology adoption across emerging economies.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

Ethereum and BMNR Rallies as BitMine Drops $1B on ETH, Analyst Hails “Most Bullish Setup Yet”

The Ethereum price and BMNR stock have recorded modest gains thanks to BitMine’s recent $1…

October 2, 2025
  • 24/7 Cryptocurrency News

ASTER Deposits Flows Into Binance Wallets Following CZ Endorsement, Listing Incoming?

In a fresh development, multiple ASTER tokens have been sent to Binance spot wallets, following…

October 2, 2025
  • 24/7 Cryptocurrency News

Avalanche Treasury Seals $675M Deal With Mountain Lake to Build $1B AVAX Vehicle

Avalanche Treasury Co., in partnership with Mountain Lake Acquisition Corp., has unveiled a $675 million…

October 2, 2025
  • 24/7 Cryptocurrency News

Just In: Nasdaq-Listed VivoPower Raises $19M in Equity to Expand XRP Treasury Holdings

Nasdaq-listed VivoPower has stepped up its digital treasury goals with a fresh capital raise aimed…

October 2, 2025
  • 24/7 Cryptocurrency News

Solana Price Rallies 5% as Nasdaq-listed VisionSys Launches $2B SOL Treasury Strategy

Solana increased in price by 5% to approximately $219 following a $2 billion Solana treasury…

October 2, 2025
  • 24/7 Cryptocurrency News

XRP Ledger Rolls Out MPT Standard for Real-World Asset Tokenization

The XRP Ledger (XRPL) has launched the Multi-Purpose Token (MPT) standard, designed to simplify and…

October 1, 2025