Coinbase adds instant paypal or debit card payment/selling options
Today Coinbase announced they now allow instant sell bitcoins through Paypal at 3.75% sell fee. You can also instantly buy with your debit cards at a 3.75% buy fee. These are both instant. American citizens can still always buy with your verified US bank accounts for 1% buy/sell fees, with higher limits, but these usually take 4-5 days to complete.
If you don’t have account already, Join Coinbase here.
Good news to have more options, but Coinbase, myself and many other bitcoins are begging you, please let those fees become more comparable to Bitstamp and Gemini, more affordalble!
CEO of Ebay John Donahoe talks about how the future of eBay and Paypal may be heading towards integrating bitcoin functionality into their system.
John Donahue Ceo eBay talks about how serious they are about integrating eBay/Paypal and bitcoin in near future.
Quote from this interview:
“There is no doubt that digital currecny is going to play an important role going forward at paypal we’re going to have to integrate digitaul currencies into our wallet”
He also admits to owning bitcoins, not as an investment but to “understand how it can be used”.
See the video on CNBC here.
Paypal possibly going to accept Bitcoin virtual currency.
Wouldn’t you just love to see that lovely shiny golden “B” (as for Bitcoin logo) sitting next to those Visa, Mastercard, Discover, and American Express logos under the Paypal logo? Well, we may be seeing this in the future!
David A. Marcus is president of Paypal, he says “Bitcoin is truly fascinating” and that Paypal is “thinking about it as a Paypal funding instrument” applied to Paypal use.
So as you can see, Paypal is well aware of Bitcoins and are surely looking into possible ways they can implement using BTC with Paypal.
See the Bloomberg interview video:
David Marcus from Paypal discusses Bitcoins a bit
See TheNextWeb articale about it here.