PayPal has boosted its weekly purchase limit for digital assets to $100,000, the company announced Thursday.
Advertisement
Its customers will also be able to purchase an unlimited amount of crypto on an annual basis.
The changes are meant to make the process of buying crypto on PayPal more flexible:
Bitcoin (BTC) Records Major Volume Reversal, XRP Doesn't Really Need $2, Did Ethereum (ETH) Forget About $2,000?
Solana Meme Coin Crashes 49% in Minutes on Binance; What's Going On?
Major April Fools' Warning Issued to Shibarium Community: Details
$1.19 Billion DOGE Hit in 24 Hours as Dogecoin Makes 6% Jump
These changes will enable our customers to have more choice and flexibility in purchasing cryptocurrency on our platform.
Advertisement
Thu, 07/15/2021 - 19:12
Peter Brandt Says Institutions Are Mad at Themselves for Buying Bitcoin
Alex DovbnyaPayPal is also expected to allow its customers to withdraw cryptocurrencies from the app.
The payments giant debuted a cryptocurrency functionality back in October 2020, contributing to Bitcoin's massive rally at the end of the previous year.
Vladislav Sopov
Dan Burgin