Online payment system PayPal has officially allowed its UK customers to buy, hold and sell
This is PayPal's first extension outside of the US,where access to cryptocurrencies has been allowed since October 2020. With their PayPal accounts, UK users of this online payment system can make any transactions with Bitcoin, Ethereum, Litecoin and Bitcoin Cash. They are also given access to extensive reference and educational information.
Today, we are announcing the launch of a newservice that will enable eligible customers in the UK to buy, hold and sell #Cryptocurrency directly from their PayPal account. Terms apply. pic.twitter.com/RG5xoqlHmr
- PayPal UK (@PayPalUK) August 23, 2021
As a reminder, this March PayPalannounced Checkout with Crypto, a service that allows US customers to use the above cryptocurrencies to pay at all PayPal stores.
In April, the company added the ability to buy and sell digital assets on its Venmo mobile online service.
PayPal raised its digital purchase limit in July.assets for its American clients up to $ 100,000 per week and simultaneously announced that it would begin operations in the UK market in about a month. The promise has been fulfilled.
Source: PayPalUK, cnbc
</ p>