One other thing to keep in mind is that you must fund purchases with your debit card or money directly from your bank account.
Is this mean that Paypal account will be only used to purchase cryptocurrencies and users still have to use their bank accounts?
This is a good news for those PayPal users that only depends buying crypto through PayPal. They're upgrading if they're now partnered with Coinbase and accounts can be linked from one to the other.
It's an easy way to purchase crypto for those people that have funds mostly used for buying crypto with their PayPal accounts.
The greatest part is that users won't have to go through kyc process if the same email is used for both Paypal and Coinbase accounts.
US Paypal users already have options to purchase crypto using their cards and more time consuming, now it's only need the account info to link to Coinbase.