Follow us on:

Linkedin Facebook

PayPal U.S. users can now buy, hold and sell up $20,000 of Bitcoin a week

PayPal Holdings - Bitcoin
[shareaholic app="share_buttons" id_name="post_below_content"]

PayPal Holdings, Inc. (NASDAQ:PYPL) has announced that it has now dropped its waiting list for the purchase of cryptocurrencies in the United States. PayPal users will be able to buy, sell or hold cryptocurrency from with their accounts.

Customers within the United States will be notified of this via email over the next few days.

The company also announced that due to demand it has doubled its purchase limit from $10,000 per week to $20,000.

Towards the end of last month the company had announced that its new service would increase cryptocurrency’s utility by making it available as a funding source at its 26 million merchants worldwide.

Initially it states that users will be able to purchase, sell or hold Bitcoin, Ethereum, Bitcoin Cash and Litecoin all from within the PayPal digital wallet.

Over the past month Bitcoin has seen an increase in its value by over 42% and is trading at $16,227 at the time of writing.

Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:

    Latest Company News

    A beginner's guide to cryptocurrencies

    A beginner’s guide to cryptocurrencies: the basics, how they work and how they differ from traditional currencies

    Stock to Flow

    Is Bitcoin really going to hit $100,000?

    Blockchain - distributed ledger technology

    Blockchain adoption Implications for the financial services sector (Full Report)

    BitCoin

    Bitcoin Weekly Update – Guardian Stockbrokers 12th Nov 2018

    Ethereum

    Top 20 Cryptocurrencies: Time to buy on the dips?

    electroneum

    Electroneum Returns over 700% increase to investors already

      Latest interviews

      View all interviews 

      Company Presentations

      View all Company Presentations

      Brokers Talk

      View all Broker Talk

      FTSE 100 News

      Search

      Search

      Green News

      View all Sustainable sectors, Plcs and news  

      Q&A's

      View all Question and Answers

      Funds

      View all Funds, Market Insights and news

      UK Broker Ratings

      Hardman & Co

      Don't Miss Our News Alerts

      Subscribe Free

      Find us on:

      Linkedin Facebook

      Useful links

      Disclaimer

      You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular stock, share, security, portfolio of securities, transaction, investment strategy, or other matter. We openly disclose that we and our contributors may have interests in investments and/or providers of services referred to within the website and that we receive remuneration from certain of the companies referred to on this website.

      © 2024 – DirectorsTalk Interviews. All rights reserved. Reproduction in whole or in part, in any form or medium without express written permission is prohibited.