Coinbase accepting Credit cards and Paypal

alyssa85

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Quote from: OmegaStarScream on June 24, 2016, 02:01:17 AM

So I just received an email about their blog post : https://blog.coinbase.com/2016/06/22/coinbase-adds-support-for-paypal-and-credit-cards/
It seems like they are now accepting Paypal for Bitcoin sells and Credit cards for buying Bitcoin. Paypal is only for US users at the moment so I want to ask about the Credit card service , is it worldwide ? If it's the case then what are the fees and how good they are compared to Virwox please ?

Interesting that Paypal is only for bitcoin sells - they are cleverly limiting their risks (people won't be able to try the paypal buyer-dispute scam on them).

mobnepal

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Coinbase don't support my country and same with paypal. So even when they add paypal as option saying worldwide, i am sure they will not support every country. Paypal and coinbase both have similarity in terms of service limited to few countries only and frozen account showing one reason or another.

Newcoins2020

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Quote from: ebookscreator on June 26, 2016, 04:18:46 AM

Such a good news that they are now accepting paypal bu the problem is how about the other countries using paypal to connect in coinbase?
Honestly i experience many things in coinbase.. but this is only i think good for us country..

It's a good step forward but by far we aren't their. Paypal finds a new party from where they can earn on fees. It's not them accepting crypto openly which I hope some day will happen.
But yes, it's good news. Perhaps it's a pilot to see how much volume they got, so that's why they don't accept other countries.

ebookscreator

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Such a good news that they are now accepting paypal bu the problem is how about the other countries using paypal to connect in coinbase?
Honestly i experience many things in coinbase.. but this is only i think good for us country..

OmegaStarScream

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Quote from: Keyboard PC on June 26, 2016, 03:33:53 AM

Quote from: a7mos on June 24, 2016, 06:02:11 AM

Coinbase is already supporting a very limited portion of the world. I hope they have intentions to extent their services to the rest of the world

Well just as I expected Coinbase also accept paypal use worldwide not only in US
By the way, do you know why Coinbase currently only accepting users from US related paypal ?
while paypal is derived from one company

Not only Paypal , they have a lot of services where they accept only US citizens .. like their Shift debit card

Keyboard PC

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Quote from: a7mos on June 24, 2016, 06:02:11 AM

Coinbase is already supporting a very limited portion of the world. I hope they have intentions to extent their services to the rest of the world

Well just as I expected Coinbase also accept paypal use worldwide not only in US
By the way, do you know why Coinbase currently only accepting users from US related paypal ?
while paypal is derived from one company

OmegaStarScream

staff

Activity: 3500

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Quote from: BitSquare on June 24, 2016, 05:34:26 AM

"Paypal is only for US users at the moment " I hope it will be introduced to other parts of the world after proper test.

Quote from: a7mos on June 24, 2016, 06:02:11 AM

Coinbase is already supporting a very limited portion of the world. I hope they have intentions to extent their services to the rest of the world

It's not what I asked honestly but thanks anyway.

anyone who can help guys ?

a7mos

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Coinbase is already supporting a very limited portion of the world. I hope they have intentions to extent their services to the rest of the world

BitSquare

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"Paypal is only for US users at the moment " I hope it will be introduced to other parts of the world after proper test.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

So I just received an email about their blog post : https://blog.coinbase.com/2016/06/22/coinbase-adds-support-for-paypal-and-credit-cards/
It seems like they are now accepting Paypal for Bitcoin sells and Credit cards for buying Bitcoin. Paypal is only for US users at the moment so I want to ask about the Credit card service , is it worldwide ? If it's the case then what are the fees and how good they are compared to Virwox please ?

Topic: Coinbase accepting Credit cards and Paypal (Read 555 times)