Share this article
Coinbase Extends PayPal Withdrawal Option to 32 European Countries
Coinbase customers in the EU and European Free Trade Association countries can now make withdrawals into their PayPal accounts.
Updated Sep 13, 2021, 8:52 a.m. Published Feb 6, 2019, 8:00 a.m.
Coinbase customers in the EU and the European Free Trade Association (EFTA) countries can now make withdrawals into their PayPal accounts.
The San Francisco-based cryptocurrency exchange announced the news Tuesday, explaining that, until now, European customers have had only Single Euro Payments Area (SEPA) and UK Faster Payments options available for withdrawals.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The expanded service means customers of 32 European countries will now have the PayPal withdrawal option, with a total of 28 member countries in the EU and the four nations of the EFTA: Iceland, Liechtenstein, Norway and Switzerland. Support for the option in other nations will continue to be added this year, the firm said.
Customers can link their PayPal accounts to their Coinbase account and select the payment option when withdrawing cash balances.
Last December, Coinbase reinstated PayPal support for U.S. customers after having ceased offering the service due to technical issues. The service first launched in June 2016.
Coinbase image via Shutterstock
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Barclays Sees ‘Down-Year’ for Crypto in 2026 Without Big Catalysts
Spot trading volumes are cooling, and investor enthusiasm is fading amid a lack of structural growth drivers, analysts wrote in a new report.
What to know:
- Barclays forecasts lower crypto trading volumes in 2026, with no clear catalysts to revive market activity.
- Spot market slowdowns pose revenue challenges for retail-focused platforms like Coinbase and Robinhood, the bank said.
- Regulatory clarity, including pending market structure legislation, could shape long-term market growth despite near-term headwinds.
Top Stories
