Coinbase, a San Francisco-based bitcoin company, has added support for PayPal and credit cards to enable digital currency exchange.
The company will now accept PayPal for bitcoin sells and credit cards for bitcoin purchase.
In a company blog post, Coinbase said: "Through this integration, Coinbase users are now able to sell BTC and have their USD funds deposited to a PayPal wallet. With the addition of credit card support, we are getting closer to a world where customers can purchase bitcoin with any card in their wallet. In the future, we hope to add support for other countries, and to support buys through PayPal as well."
Currently, both systems for funding mechanism are available in beta. The company has recently introduced bitcoin buying mechanism with debit cards.