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IPFS News Link • Bitcoin

PayPal and Coinbase Strike New Bitcoin Payout Agreement...

• http://cointelegraph.com, Evander Smart

The mega-wallet provider Coinbase and global payments leader PayPal have formed the start of a new agreement that will allow PayPal customers to do more than ever before with Bitcoin.

PayPal is actively investing in Bitcoin's future

As Bitcoin prices fluctuate wildly before the halving event next month, now taking a downturn even more impressive than its previous bull-run, the Bitcoin community continues to add infrastructure and forge major new deals that make for a stronger future. Bitcoin price and charts may change every day, but it is a good time to look beneath the numbers for true Bitcoin value.

On Tuesday, Coinbase announced that they have a deal with PayPal where American users of PayPal will be able to sell Bitcoin and receive the funds directly into their PayPal account. According to the Coinbase corporate blog, this is just the beginning of what will be a global agreement that will affect all of the almost 200 million PayPal customers, worldwide.


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