Cryptocurrency

PayPal Introduces Bitcoin Access to the UK

PayPal Introduces Bitcoin Access to the UK

  • Finance company, PayPal has announced the introduction of cryptocurrency transactions to users in the United Kingdom
  • From today, eligible customers will be allowed to buy, sell and hold Bitcoin and other cryptocurrencies in their UK accounts using the platform
  • The four cryptocurrencies that can be traded on the payment platform are Bitcoin, Ether, Litecoin, and Bitcoin Cash

Fintech company PayPal has announced today that customers in the United Kingdom can now carry out cryptocurrency transactions.

PayPal

The company typically known for processing online money transactions will now give users access to cryptocurrencies.

PayPal users will now be able to buy, sell, and hold cryptocurrencies in their online wallets.

The four cryptocurrencies that they will have access to include Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH).

The payment company has disclosed that this service will only be available to customers with verified identities.

Last month, the company announced plans to move into the British cryptocurrency market after offering crypto services in the United States earlier this year.

Read also: AMC Theaters Make Stunning Bitcoin Announcement

Bitcoin

PayPal’s launch into the crypto space will likely encourage the growth of the market by offering customers easier access.

Follow Naija.fm on our social media handles FacebookInstagram, and Twitter to keep up with trending news, breaking news, entertainment news.

Show More

Related Articles

Back to top button