Coinbase is a top rated cryptocurrency platform. As of this writing, Coinbase has roughly 98 million verified users.
The company's incredible popularity is due to their app's sleek interface and simple navigation. It is truly easy to buy, sell, and transfer crypto using Coinbase.
In this article, we highlight one way to fund your Coinbase account. Specifically, we cover the steps to transfer from PayPal to Coinbase.
Transferring funds from PayPal to Coinbase is actually a really simple process. Coinbase supports a number of ways to fund your account. One of these ways is through linking to your PayPal account directly. This process can be completed with the steps below:
Each of these steps actually have a few steps themselves. Let's dive into the details.
Coinbase is one of the longest existing cryptocurrency platforms. The company was founded in 2012 and is a top option for more cryptocurrency investors.
Coinbase boasts a number of features like instant deposits. They also offer members the chance to earn free cryptocurrency with educational materials!
If you sign up for Coinbase using our button above, you will get $5 worth of free Bitcoin!
Before executing a transfer from PayPal to Coinbase, you will need to set up a Coinbase account.
Setting up a new Coinbase account is simple:
When creating a Coinbase account, you can speed up the process and skip verification to start trading cryptos immediately.
However, to gain full access to Coinbase, you do need to verify your account.
This verification is done through uploading a photo of your driver's license or other state issued ID:
You will receive an email once you are verified or if Coinbase needs more information.
If the image of your ID is clear and matches the information in your account, verification will be completed in mere minutes.
Coinbase is one of the few apps that actually lets you transfer directly from PayPal. To do so, you will need to link your account. This process is quick and easy:
Your new PayPal account typically will have a $1,000 limit.
Now that you have linked your PayPal account, you are able to add funds or buy crypto directly.
Adding funds from PayPal is simple:
Rather than adding cash from PayPal, you can actually just purchase crypto directly. Those steps are shown below:
Be advised that purchasing crypto on Coinbase does incur a transaction fee. This fee will be indicated on the order details page.
If you want to fund your Coinbase account with PayPal, then you are in luck. Coinbase supports a direct link from your PayPal account.
After linking your PayPal account, you can either transfer funds into Coinbase or purchase crypto directly. The benefit of doing this is that you do not have to connect your banking information to Coinbase. Instead, you can link PayPal and leave your banking information secure within PayPal's platform.
If you want to learn more about Coinbase, be sure to check out our complete review.
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