Coinbase offers users to purchase crypto currencies through PayPal

Coinbase has revealed a new and exciting feature that allows the flexibility to use PayPal for cryptocurrency purchases. The exchange deals with a select number of cryptocurrencies' locking out the rest. Individuals who already have a PayPal account will have an easier time to transact as they are not required to provide their bank accounts. The other thing is that such individuals don't have to get their debit card information in order to start transacting on the exchange. There are high hopes that soon more countries will enjoy the new feature, which will bring users a great and familiar experience. Coinbase showed the users how to proceed to link their PayPal accounts. A user has to find the "add a payment method" function and then link his / her PayPal account. A successful link will allow users to transact through the PayPal login screen. Users who turn to Paypal to complete their transactions will enjoy extended limits considering they have a cap of $ 25,000 per day in place. This cap translates into about 0.46 bitcoin. Coinbase encourages users to link their bank accounts and debit cards to Paypal so they can enjoy greater flexibility. For example, it will be possible to make transactions with their bank accounts and debit cards. However, Coinbase has confirmed some of the limitations of the new feature. For example, the latest feature blocks payment methods such as credit cards and prepaid cards. Paypal has been doing a ton of things lately that shows its interest and trust in Cryptocurrency. One of the company's biggest moves happened last year. It enabled the buying, selling and holding of cryptocurrencies through its platform. The next big step came this year when the company expanded its service offering to allow users to make payments using cryptocurrency. However, the payments could only be made with cryptocurrencies in the user accounts. Some of the cryptocurrencies that the platform supports are Litecoin, Bitcoin, Ethereum, and Bitcoin Cash. The above cryptos happen to be available in a small number compared to the many on Coinbase.