PayPal users can now buy $100,000 worth of Bitcoin, Ethereum, Litecoin, and Bitcoin Cash weekly

2021-7-17 16:00

US financial player PayPal has announced that its users can now purchase as much as $100,000 worth of supported cryptocurrencies via its platform starting this week.

As per a statement on July 15, the company has been constantly interacting with its users on how to better serve them while also helping them improve their services. 

“As part of our efforts to meet the ever-changing needs of our customers, we are pleased to announce that we have recently raised the purchase limits of cryptocurrency for eligible Paypal customers in the U.S. to $100,000 per week with no annual purchase limit,” the firm said.

It added that the increased demand by their client base plus the growing influence of the crypto space played a role in their decision to up the crypto limit.

To further address this point, Jose Fernandez da Ponte, the firm’s vice president of blockchain, crypto, and digital currencies said that the “changes will enable our customers to have more choice and flexibility in purchasing cryptocurrency on our platform.”

PayPal ups its crypto game

Previously, PayPal had placed its weekly crypto purchase limit at $20,000 per week and $50,000 annually. 

However, the firm’s decision to increase its crypto limit could be tied to the impressive performance of its crypto services in the first quarter of this year. Then, CEO Dan Schulman had called it a “really great result” while adding that the demand from its customers exceeded all expectations of the firm regarding its crypto operations. 

So, with this new purchase limit, its users can now purchase five times more crypto weekly and also have access to an unending purchasing power of digital assets as the year progresses.

It should be noted that the minimum amount of crypto that can be bought with the firm still stands at $1 and it supports crypto assets like Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.

The post PayPal users can now buy $100,000 worth of Bitcoin, Ethereum, Litecoin, and Bitcoin Cash weekly appeared first on CryptoSlate.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 69355.36 (-0.77%)
Объем 24H $36.112b
Изменеия 24h: 4.80 %, 7d: 9.91 %
Cегодня L: $66031.14 - H: $70347.91
Капитализация $1366.374b Rank 1
Цена в час новости $ 31630.25 (119.27%)

bitcoin worth paypal 100 users weekly cash

Источник: cryptoslate.com

bitcoin worth → Результатов: 126


One BTC will be worth 2 Million Dollars: Greg Foss believes bitcoin can achieve 5% of all the global reserve assets worth over 900 trillion, making its market cap 45 trillion

The global financial asset market currently sits just above $900Tr, and if Bitcoin could achieve a conservative 5% of all the reserve assets- it could reach a market cap of $45 Tr. This is what Greg Foss, a Portfolio Manager, and experienced high-yield credit trader, used for making his bullish case on bitcoin reaching 2 […] The post One BTC will be worth 2 Million Dollars: Greg Foss believes bitcoin can achieve 5% of all the global reserve assets worth over 900 trillion, making its market cap 45 trillion appeared first on ItsBlockchain.

2021-7-23 15:00


Bitcoin worth over $150 million transferred from Coinbase to unknown wallet; community speculates foul play

Bitcoin has had a pretty active 2019, with major price fluctuations pulling the price of the world’s largest cryptocurrency up, while also pulling up the prices of other cryptocurrencies. Post the rise in value of the world’s largest cryptocurrency, many transactions and transfers of significant amounts have taken place.

2019-6-13 13:30


Bitcoin worth $3.25 billion moved to known Binance wallet as coin breaches $8000 mark again

Bitcoin [BTC], the world’s largest cryptocurrency, has had a remarkable run-up since the start of the year, growing by more than 100 percent since January. This increase in price and market cap has also been one of the reasons why the ecosystem has become more active, thanks to more developments and involvement from users of […] The post Bitcoin worth $3.

2019-6-12 13:30


Tim Draper: Bitcoin’s Destined to be Worth $250,000 By 2023 Despite Current Path Uncertainty

Are you missing the presence of Bitcoin bulls who makes incredibly far-fetched assumptions of how Bitcoin will be worth a lot in the future? Brace yourselves. Here we go again. Tim Draper, a crypto investor and billionaire, has reaffirmed that his price prediction for Bitcoin being worth $250,000 USD by 2022 is “absolutely solid”. He […]

2018-11-10 05:36


Фото:

Billionaire Hedge Fund Manager Has One Percent of his Net Worth in Bitcoin

Marc Lasry, the billionaire co-founder of Avenue Capital Group, whose net worth is estimated to be at around $1. 68 billion, has invested $16. 8 million in bitcoin. Bitcoin Investments Explained When asked about his personal investment in bitcoin, Lasry explained that he entered the cryptocurrency sector a few years ago, and invested quite a lot of capital in the market.

2018-7-22 09:39


Фото:

A Look at the Long and Annoying Process of Claiming Bitcoin Forks

Over the past year, there has been a lot of forked coins based on the Bitcoin Core (BTC) codebase in various forms and with all types of interesting names. There are anywhere between 40-70 forked coins in the ecosystem that are worth a few bucks, while some of them are worthless and not worth the […] The post A Look at the Long and Annoying Process of Claiming Bitcoin Forks appeared first on Bitcoin News.

2018-7-8 01:40


Фото:

Estimated 4 Million Bitcoin is Lost Forever by Users’ Forgetfulness

As much as 20 percent of all the Bitcoin in existence is lost forever, Chainalysis has revealed — as the research firm says it handled contracts worth $750,000 since 2016. ‘We Don’t Help People Find Lost Bitcoin’ In comments to The New York Times, Chainalysis said that user failures to create robust methods of password storage meant as much as $20 billion of Bitcoin is locked out of reach.

2018-7-7 03:00


Фото:

Bitcoin Price Analysis: New Low on Low Volume Breeds Potential Bullish Set-up

Bitcoin sits precariously perched at the bottom of the annual market low and many bitcoin investors aren’t sure what to make of it. Although the market seems to be continuing its drift to new lows with greater and greater ease, there are a couple of bullish signals worth considering while the market continues to consolidate: Figure 1: BTC-USD, Daily Candles, New Market LowOn Friday, June 29, 2018, for the first time this year, the daily candles closed below the annual low of $6,000s.

2018-7-1 19:35


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitfinex analysts predict Bitcoin surge as Dollar Index dips

Bitfinex analysts anticipate a bullish second half for Bitcoin as the Dollar Index's decline signals potential growth for the cryptocurrency. The post Bitfinex analysts predict Bitcoin surge as Dollar Index dips appeared first on Crypto Briefing.

Animoca Brands “comes to Bitcoin” with OPAL Protocol

Animoca Brands says Bitcoin is ready for Web3. The blockchain gaming giant will collaborate with Darewise and OPAL Protocol to launch a new era for gaming, DeFi and Web3 on BTC. BLIF, a new token of the OPAL Protocol, will power the ecosystem.

WOO unveils innovation hub focused on Bitcoin’s ecosystem

WOO plans innovation hub expansion to bolster Bitcoin’s ecosystem The new initiative will focus on projects bringing Bitcoin Layer-2s, RWA, DeFi, AI and DePIN to the Bitcoin ecosystem. WOO has announced plans aimed at using its innovation hub and the WOO token to power the next growth chapter for the Bitcoin (BTC) ecosystem.