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Author Topic: Coinbase platform adds the service of withdrawal and sale of digital currencies  (Read 14 times)

Firaschaari

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In adding value to the Coinbase platform, the platform integrated PayPal to withdraw and sell digital currencies. Coinbase customers can now use this feature to withdraw cash directly to a PayPal account.

In another customer-centric step, Coinbase added a new service to its service, adding PayPal support. The new feature makes the cash withdrawal process on Coinbase easier than before, eliminating the need to use a conventional bank. This feature requires users to verify their identity and country of residence.

However, the new option is not available everywhere. According to common questions about Coinbase, the service is available only in specific countries. CryptoSlate contacted Coinbase in the hope of clarifying which countries. The response of the Coinbase platform was:
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Firaschaari

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The implications of this new service
Facilitating the sale of digital currencies is likely to increase the ease of daily use of digital currencies. Especially since the adoption of reliable trading platforms for currency withdrawal services is critical to the overall adoption of digital currencies.

However, there are some concerns about the new feature as well. Where serious service will require more regulation, control and personal disclosure, which eliminates the spirit of freedom in the digital currency. Still, there are those who argue that the use of digital currencies must remain without the intervention of companies such as Coinbase.

However, these new steps contribute to making the user experience easier with regard to digital currencies, and will accelerate their adoption and integration into the mainstream.
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