This breakthrough means that PayPal account holders will be able to make transactions using Bitcoin, Ethereum, Bitcoin Cash and Litecoin.
Soon, PayPal will allow customers to buy, hold, and sell cryptocurrency. For account holders from the United States, they will be able to do this over the next couple of weeks. For the rest of the world, the changes will come into effect early in 2021. The relevant information can be found in a recent company announcement.
From the beginning of next year, PayPal customers will be able to use digital currencies to buy items in twenty-six million retail outlets worldwide. Making it possible to keep cryptocurrency in your wallet free of charge. Also, during the initial phase, the company refuses to charge a commission for any transactions that use this type of asset.
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