All eligible users of PayPal in the UK can buy and sell cryptocurrencies using the PayPal app starting today.
- Traders in the UK can now trade bitcoin (BTC), ether (ETH), bitcoin cash (BCH) and litecoin (LTC) using their PayPal account.
- at the end of August to a limited extent The scale of this service, which has started to be offered, has been increased to cover all users as of today. expanded.
- Users will be able to send money to their accounts through a bank or a different channel before purchasing cryptocurrencies via PayPal.
- PayPal launched its services for crypto users in October 2020 with the US market.
- PayPal users in the U.S. are weekly after the company’s limit increase in July. Up to $100,000 can buy cryptocurrencies.
- For users in the UK, the minimum purchase price will be £1, with an upper limit of £15,000 per transaction and £35,000 per year.
Image: PayPal (Daniel Foster/Flickr, image modified by Koin Bulletin)
The article titled Full Support for Cryptocurrencies from PayPal in the UK was prepared by Ömer SAKMAR and published on koinbulteni.com.