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Author Topic: Coinbase accepting Credit cards and Paypal  (Read 535 times)
OmegaStarScream (OP)
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June 24, 2016, 07:01:17 AM
 #1

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 ?

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BitSquare
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June 24, 2016, 10:34:26 AM
 #2

"Paypal is only for US users at the moment " I hope it will be introduced to other parts of the world after proper test.
a7mos
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June 24, 2016, 11:02:11 AM
 #3

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
OmegaStarScream (OP)
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June 26, 2016, 08:04:41 AM
 #4

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

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 ?

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Keyboard PC
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June 26, 2016, 08:33:53 AM
 #5

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 (OP)
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June 26, 2016, 08:36:47 AM
 #6

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

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ebookscreator
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June 26, 2016, 09:18:46 AM
 #7

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..

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Newcoins2020
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June 26, 2016, 02:15:30 PM
 #8

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.
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June 26, 2016, 07:26:01 PM
 #9

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.
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June 27, 2016, 10:39:36 AM
 #10

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).

 
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