PayPal’s U.K. customers can buy, sell, and hold BTC, ETH, BCH and LTC
The giant payment company PayPal is extending its crypto service to the U.K., allowing customers to buy, sell and hold four different cryptocurrencies on its platform from Monday. The rollout is the first expansion of PayPal’s crypto offering outside the U.S.
Customers can buy as little as £1 ($1.36) worth of the cryptocurrencies using their bank account, PayPal balance, or debit card through a crypto tab on PayPal’s website and mobile app.
“Our global reach, digital payments expertise, and knowledge of consumer and businesses, combined with rigorous security and compliance controls provides us the unique opportunity, and the responsibility, to help people in the U.K. to explore cryptocurrency,” Jose Fernandez da Ponte, a senior executive for PayPal’s crypto division said.
The giant payment company introduced crypto buying, selling and holding to U.S. customers last October, a move closely followed by bitcoin attaining new highs for 2020 and one of the sparks that ignited the subsequent crypto bull market.
- PayPal Increases Weekly Crypto Purchase Limit For Certain Customers Based In The US By 5 Times
- Ethereum Is Winning Crypto And Beating Both PayPal And Bitcoin, Says Analyst Lark Davis