PayPal is entering the cryptocurrency market. In the next few weeks, users in the United States will initially be able to trade several digital currencies, including Bitcoin, on the platform. News Engadget.
Early next year, PayPal will be able to pay more than 28 million merchants using cryptocurrencies. Although they will not accept payments via Bitcoin, Etherium, Bitcoin Cash or Lightcoin. PayPal will pay them in traditional currency such as dollars instead of cryptocurrency.
PayPal will provide detailed information to account holders to understand blockchain technology, digital currency ecosystem. Explain the risks and opportunities to invest in cryptocurrency.
PayPal does not have to pay any charges for buying or selling cryptocurrencies on the platform this year. There is also no separate fee to keep it in PayPal wallet.
PayPal plans to launch its own cryptocurrency by mid-2021. PayPal has received the first Beatles license from the New York State Department in this regard.
Early next year, PayPal will be able to pay more than 28 million merchants using cryptocurrencies. Although they will not accept payments via Bitcoin, Etherium, Bitcoin Cash or Lightcoin. PayPal will pay them in traditional currency such as dollars instead of cryptocurrency.
PayPal will provide detailed information to account holders to understand blockchain technology, digital currency ecosystem. Explain the risks and opportunities to invest in cryptocurrency.
PayPal does not have to pay any charges for buying or selling cryptocurrencies on the platform this year. There is also no separate fee to keep it in PayPal wallet.
PayPal plans to launch its own cryptocurrency by mid-2021. PayPal has received the first Beatles license from the New York State Department in this regard.
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