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Coinbase: BTC Withdrawals to PayPal for EU Nations

Coinbase: BTC Withdrawals to PayPal for EU Nations

On February 5, Cryptocurrency exchange Coinbase announced that it was extending support for PayPal withdrawals to all their customers in the European Union as well as European Free Trade Association countries. The latter would include countries such as Iceland, Norway, Switzerland and Liechtenstein.

PayPal Withdrawals in the UK

The news comes as shortly after the exchange announced a similar move in the United States last year. A blog post penned by Coinbase employee Allen Osgood, detailed the announcement, he writes:

“Before PayPal, SEPA and UK Faster Payments were the only options for European customers to withdraw funds. Part of our commitment to being the safest and easiest is to support the preferred transfer options for our customers around the world. As one of the world’s easiest and most widely-used payment platforms, adding PayPal as a withdrawal option for European customers offers another great option for withdrawing their funds.”

Coinbase has always been a forward-thinking cryptocurrency exchange in terms of offering services such as Coinbase custody and tax payment resources.

Coinbase Wallet App

On February 5, 2019, the cryptocurrency exchange announced that it would be launching its own Coinbase Wallet app, where users would be able to store their bitcoin.

Coinbase said that the wallet supports Ethereum Classic, Ethereum and “over 100,000 different ERC20 tokens and ERC721 collectibles built on Ethereum.” The announcement further stated that the wallet app would be available to all customers on both the Android and iOS sometime next week.

The announcement added that while BTC support is already present on the app, all that users would be required to do is tap on the ‘receive’ option on the wallet and select bitcoin to send bitcoin to their own Coinbase wallet.

Interestingly, the wallet supports both “SegWit addresses with lower transaction fees, as well as Legacy addresses for backwards compatibility”. For the uninitiated, a Legacy address is the standard bitcoin address that begins with 1.

While, the news about Coinbase supporting PayPal is exciting, it is unclear how this will affect the country which is currently involved in finalizing terms for Brexit.

Coinbase: btc withdrawals to paypal for eu nations

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Published at Thu, 07 Feb 2019 03:00:28 +0000

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Top 5 Winter Bitcoin and Blockchain Conferences

Winter holidays are incoming, everybody can take a rest with family and friends and, after that, plunge headlong into the amazing world of cryptocurrency and blockchain technology. It can bring you money, success and improve your business. Can we call blockchain the “Santa Claus of 21st century”? Obviously, yes! Where can we see him? At the Top 5 Winter bitcoin and Blockchain Conferences!


1. London Blockchain Week 2018

London, UK – January 19-26, 2018 – More than 27 speakers, 2 days of workshops, Blockchain Hackathon and more will be hosted at London Blockchain Week 2018. The hottest topics will be discussed in Blockchain London Conference. The Hackathon brings together the best experts, who want to make people’s lives better using blockchain technologies. Workshops will show how useful blockchain tech is for business in practice. Click here for more information about the event. Use promo code EV20 to receive a 20% discount.

2. CoinAgenda Summit

Las Vegas, NV – January 7-8, 2018 – The Conference, which will be hosted by Caesar’s Palace in Las Vegas, attracts entrepreneurs, investors, and media from around the world. During the two day event, renowned experts and industry leaders will discuss how blockchain technologies are influencing different spheres of business from medicine to advertising. Click here for more information about the event.

3. Dubai International Blockchain Summit

Dubai, UAE – January 8, 2018 – The Dubai International Blockchain Summit is the largest gathering of blockchain experts and enthusiasts in the Middle East. It brings together influential speakers and industry experts to discuss recent financial developments and the promising technology of Blockchain. More than 35 speakers from 12 countries will be on hand to talk about financial opportunities and innovations in the blockchain space. Click here for more information about the event.

4. The North American bitcoin Conference

Miami, FL – January 17-19, 2018 – As part of the World Blockchain Forum: Investments and ICOs, this conference attracts blockchain and cryptocurrency experts and investors from around the world. This year, more than 60 speakers are scheduled to appear at 50+ panels, pitches, and discussions. Click here for more information about the event.

5. bitcoin, Ethereum, And Blockchain SuperConference

Dallas, TX – February 16-18, 2018 – With 35 top-notch speakers and 50+ exhibitors from the bitcoin, ethereum and altcoin worlds, plus talks from ICOs and blockchain startups, this conference will dispel the rumors that it is too late to invest in cryptocurrencies and blockchain tech. Click here for more information about the event. Use promo code eventcha36 to receive a 10% discount.

Time is passing quickly, so be an early bird and buy tickets now. Don’t just believe in miracles – become a part of them at the Top 5 Winter bitcoin and Blockchain Conferences. We wish you health, happiness and many pleasure moments with blockchain. Merry Christmas and Happy New Year!

Will you be attending any of the winter conferences featured in this list? Will you be speaking at any of them? Let us know in the comments below.


Images courtesy of Eventcha.in

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