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PayPal becomes payment option on Coinbase for Canadian users, adding on/off ramp for digital assets.
ByAinvest
Tuesday, Aug 5, 2025 11:52 am ET1min read
PayPal becomes payment option on Coinbase for Canadian users, adding on/off ramp for digital assets.
In a strategic move to expand its services and enhance user experience, Coinbase has announced that PayPal is now available as a payment option for Canadian users. This integration allows users to easily buy and sell digital assets using their PayPal accounts, providing a seamless on/off ramp for cryptocurrencies.The new feature comes at a time when Coinbase is actively expanding its services and partnerships. In July, Coinbase reported $1.5 billion in Q2 revenue and unveiled a major expansion plan dubbed “the everything exchange” [1]. This move is part of Coinbase’s broader ambition to become the central hub for global onchain finance.
The integration with PayPal is expected to significantly boost Coinbase’s user base in Canada, where the adoption of cryptocurrencies is growing rapidly. PayPal’s extensive user base and reputation for secure and convenient transactions make it an attractive partner for Coinbase.
In addition to the PayPal integration, Coinbase has also announced that it will be launching perpetual futures for Canadian users. This feature is already available in the U.S. and has been well-received by advanced traders seeking leverage on crypto assets [1].
The latest development is part of Coinbase’s ongoing effort to simplify the process of buying and selling digital assets. By offering multiple payment options and streamlining the on/off ramp process, Coinbase aims to make cryptocurrency more accessible to a broader range of users.
References:
[1] https://www.cryptoninjas.net/news/coinbase-unveils-bold-crypto-push-1-5b-revenue-samsung-pay-deal-and-700k-waitlist/
[2] https://www.coindesk.com/business/2025/08/05/u-s-neobank-slash-debuts-stablecoin-with-stripe-s-bridge-for-global-business-payments
[3] https://invezz.com/news/2025/08/05/coinbase-eyes-digital-asset-expansion-with-2b-convertible-note-offering/
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