Nasdaq-listed crypto exchange Coinbase now allows customers in the U.S. to buy cryptocurrencies using PayPal.
Until now, customers in the U.S. could buy crypto with a connected bank account via ACH or wire transfer, a debit card, and funds in their Coinbase USD wallet.
The addition of PayPal in payment methods makes crypto purchasing faster and simpler, said Coinbase, adding that users can "instantly" fund crypto purchases with PayPal.
While the option is currently only available for U.S. users, Coinbase said it would support more countries "in the coming months."
Coinbase already supports cash withdrawals to PayPal in the U.S., Canada, EU, and the U.K.