Americans can now withdraw USD from Coinbase directly into their Paypal account. This means with a Paypal debit card or instant bank transfer you can now withdraw to fiat extremely easily, almost seamlessly. This really might be a problem for cards like Bitpay… I honestly have no purpose for my Bitpay card any longer, as the process is quite cumbersome and the card itself limited… not sure if I can even withdraw and I was not able to create my own pin so I never remember it.
If you want to set this up in Coinbase you’ll have to add a new account from the app in your phone. I saw no options for PayPal on the website or on Coinbase Pro, and as of now you can only withdraw to Paypal, you’ll still have to use a bank account or credit card to buy.
If you haven’t already