PayPal's crypto trading goes live in the US
Customers will be able to trade up to $20,000 a week, rather than the originally announced $10,000. On Thursday, PayPal's crypto trading and payments went live for all eligible customers in the United States.Per its updated announcement, PayPal ended its waitlist for customers looking to use cryptocurrency in the U.S. Trading features a limit of $20,000 per week, which is double the originally announced $10,000. PayPal ultimately plans to make crypto payments available at 26 million merchants globally. A representative told Cointelegraph that PayPal will notify U.S. customers about the....
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In a surprise video posted to the official PayPal Youtube media channel, Paypal Voices presented what, at first, is a confusing video. Early on in the video, you'll hear phrases that you might not have ever expected to hear from PayPal in this century. Phrases such as "We can spend Bitcoin with a tap..." Though PayPal's mobile apps haven't yet been updated to include any sort of Bitcoin functionality, the release of this video is creating a predictable media storm. Paypal's release of this video on Monday the 8th of September has everything to do with Apple's hyped release set for Tuesday....
Paypal has completed the first international expansion of its cryptocurrency offering outside of the U.S. Paypal Crypto is now available to customers in the U.K. allowing them to buy, hold, and sell four kinds of cryptocurrencies. Paypal Crypto Now Available to All Eligible UK Customers Payments giant Paypal Inc. announced Friday that it has completed the rollout of its crypto offering in the U.K. The rollout began in late August when the company announced the launch of its crypto service in the U.K. The official account of Paypal U.K. tweeted: We are delighted to share that all eligible....
Paypal or Bitcoin? Or Both? The diaspora of arguments touting Bitcoin's superiority over Paypal is endless. There are economic incentives for buyers and sellers, large and small, to use Bitcoin vs Paypal. Simultaneously, there are still infrastructure gaps that may prevent the efficient use of Bitcoin over Paypal at this time. Today, I will focus on why I (me, me, me), and by extension why you, should use Bitcoin instead of Paypal. Centralized Vs. Decentralized. Any Paypal user, whether a buyer or a seller, will at some point run into issues with Paypal's centralized structure. For....
PayPal has announced crypto integration for its P2P system, adding support for Bitcoin and more alongside a new feature called PayPal Links. PayPal To Allow Users To Transfer Crypto With Personalized Payment Links According to a press release, PayPal has expanded its peer-to-peer (P2P) offerings to include cryptocurrencies. US users will soon be able to […]
Bitcoin's supply crunch could be having a dramatic impact on price, according to Pantera Capital. PayPal’s entry into the cryptocurrency market could be having a dramatic impact on the Bitcoin (BTC) price. In a newly published report, crypto investment firm Pantera Capital says a Bitcoin shortage is at the heart of the recent price surge and that the majority of newly minted BTC is being scooped up by PayPal. PayPal’s new crypto service is “already having a huge impact,” Pantera claims, adding that the payment merchant is snatching up roughly 70% of all the new BTC in circulation.Citing....