Shocked! PayPal Allows Its Users to Shop Using Crypto! - Kakiforex | Forex markets for the smart money. Shocked! PayPal Allows Its Users to Shop Using Crypto! Shocked! PayPal Allows Its Users to Shop Using Crypto!

March 30, 2021

Shocked! PayPal Allows Its Users to Shop Using Crypto!

 Last year, US giant PayPal launched a cryptocurrency service that allows customers in the United States to invest in cryptocurrencies including Bitcoin (BTC).


Today, the PayPal company has increased the capacity of their service where customers in the United States can make withdrawals of goods using crypto as a payment option.



This is seen as an important development coming from payment companies aimed at increasing the use of crypto and crypto ownership. The announcement came with the headline ‘Checkout with Crypto’. This additional service will start to be available in PayPal wallets and allow users to convert crypto into fiat currency at no additional cost.


Analysts and observers of the crypto industry are able to bring to the reality of the use of crypto in day -to -day trading due to the popularity of the PayPal company and the use of PayPal services among industry players.


However, that advantage can only be enjoyed by U.S. consumers for the time being. So far only 4 cryptocurrencies have been adopted namely Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.