Coinbase, a US-based crypto exchange platform has now added free PayPal for fiat withdrawals for its user. Now the customer using the platform will be able to directly transfer their fiat into their PayPal accounts. However, the integration is applicable only for withdrawals and not for deposits.
User no longer needs to use a traditional bank, but can conveniently and easily transfer directly to your PayPal account (Fiat payouts). To use this feature, users have to go through their Identity verification steps and they must receive an email that’s confirming that such an option has been made available to them.
PayPal feature is not widely available, the option is available only to a small number of users in the US, EU, and Canada.