PayPal and Crypto Purchases
New Simplified Options
PayPal Cryptocurrency Purchases
PayPal users now have the ability to buy cryptocurrency directly through their PayPal accounts. This new feature has been in the works for several months and allows users to buy a variety of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC), with a debit card or bank transfer.
This new feature is a significant development for PayPal and the cryptocurrency market as a whole. PayPal is one of the largest online payment processors in the world, with over 426 million active users. This means that a large number of people will now have easy access to cryptocurrency, which could help to further mainstream adoption.
In addition to buying cryptocurrency, PayPal is also allowing users to sell and hold cryptocurrency in their PayPal accounts. This means that users can now use PayPal as a way to store and manage their cryptocurrency investments.
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