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    Home » In the Coinbase Wallet application, bitcoin is now available and extended output via PayPal

    In the Coinbase Wallet application, bitcoin is now available and extended output via PayPal

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    By BlockchainJournal on February 7, 2019 News
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    Representatives of the Coinbase cryptocurrency exchange team reported adding the ability to store bitcoins directly in the Coinbase Wallet application, which supports Ethereum, Ethereum Classic and over 100 thousand tokens of the ERC20 and ERC721 standards .

    Reportedly, the goal of Coinbase is to make the application the world leader among cryptocurrency wallets , in which users can manage the storage of cryptoactive assets, keeping private keys only in their possession.

    Next week, an update with pre-installed support for the PTS, SegWit and Legacy addresses will be rolled out for iOS and Android devices. At the same time will be able to also go in a test network Bitcoins through changing advanced settings in the application.

    We're excited to launch Bitcoin (BTC) support on Coinbase Wallet! ? https://t.co/201StMYY0v pic.twitter.com/78fwBnifDc

    – Coinbase Wallet (@CoinbaseWallet) February 5, 2019

    However, Coinbase announced that it is preparing to add support for Bitcoin Cash , Litecoin and other popular cryptocurrencies. In addition, from today, users from EU countries and the European Free Trade Association (Iceland, Liechtenstein, Norway and Switzerland) can withdraw funds to PayPal accounts.

    Recall that Coinbase has stopped work on Toshi's decentralized mobile browser, presenting the simplicity and security of the cryptocages and the Coinbase Wallet browser in August last year instead. And in December, she opened the possibility of withdrawing funds through PayPal for residents of the United States.

    Publication date 06.02.2019
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