Crypto Trades
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PayPal Holdings Inc will announce later that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move that could significantly boost use of digital assets in everyday commerce (source)

#News #PayPal
Demand For Paypal’s Crypto Offering Exceeds Expectations, Says Paypal’s CEO.

PayPal CEO Dan Schulman excitedly shared with TIME’s magazine that the public demand for the company’s cryptocurrency offering has exceedingly gone above their expectations.

Schulman revealed that the payment giant has been watching the Crypto space for 6 years, waiting for it to gain mainstream adoption and also work side by side with regulators.

The CEO forecasts that credit card will fade away, “super apps” will take over Payments.

@CryptoTrades #dailynews #paypal #crypto
eBay Considers Adding Crypto Payment Options and Selling Platform For NFTs.

eBay, one of the world’s biggest e-commerce store having a yearly revenue of more than $10 billion, is considering adding Cryptocurrencies as payment option, including NFTs sales on eBay platforms.

eBay’s CEO Jamie Iannone made this known in CNBC interview and said this would help place the Ethereum blockchain within the eBay platform.

This moves comes after PayPal added bitcoin as a payment option.

@CryptoTrades #dailynews #cryptopayments #ebay #paypal #ecommerce #nft #eth #ethereum #btc #bitcoin
PayPal Increases Purchase limit Up To $100000 For Crypto Users.

Payment giant PayPal now allows users based in the United States to purchase from $20,000 up to $100,000 in crypto weekly, in order to give users “more choice and flexibility in purchasing cryptocurrency” according to the company’s Thursday announcement.

PayPal launched into the Crypto space with a lot of user-based features to accommodate crypto users including partnership with Coinbase which allows crypto purchases through the major exchange.

@CryptoTrades #dailynews #paypal #coinbase
PayPal Launches Crypto Services to Over 2 Million U.K Customers.

PayPal announced on Sunday that its users resident in the United Kingdom will be able to buy, hold and sell cryptocurrencies.

These cryptocurrencies include Bitcoin, Ether, Litecoin, and Bitcoin Cash through PayPal’s website and mobile app.

This is the first time the payment giant is launching beyond the United States of America.

PayPal currently has 2 million monthly active users in the United Kingdom.

@CryptoTrades #dailynews #paypal
PayPal Now Offers New Cryptocurrency Transfer Services To Users.

Payment Service Provider, PayPal has updated its cryptocurrency app with additional features, as a way of expanding it's crypto offering.

It enables PayPal users to send and receive cryptocurrency between PayPal and other wallets.

Supported Cryptocurrency tokens like Bitcoin, Ether, Bitcoin Cash, and Litecoin can now be sent to external addresses, including those connected to exchange accounts and hardware wallets.

@CryptoTrades #dailynews #paypal