US Customers Can Now Buy Bitcoin on PayPal, Wait List Lifted

Shutterstock cover by JHVEPhoto

US Customers Can Now Buy Bitcoin on PayPal, Wait List Lifted

The payment giant has removed its waiting list for crypto services, meaning that all eligible U.S. customers will now be able to buy, sell and hold cryptocurrencies. Spending limits on crypto have also been increased.

Share

Add as preferred source
Chris Williams
By Chris Williams

Powered by Gloria

Updated 1:24 p.m. ET

PayPal is removing its waiting list for crypto services, allowing all United States users to buy and sell Bitcoin. 

PayPal Lifts Wait List for Crypto

The payment service made headlines last month when it announced its plans to support digital currencies. 

While it was initially proposed that there would be a waiting list for customers interested in obtaining crypto, the company has since opened up the service to all eligible U.S. customers. 

The Block also reports that purchase limits have been increased, allowing U.S. buyers to purchase up to $20,000 in cryptoassets per week (it was initially set to $10,000, before being increased to $15,000 shortly after). 

While it’s currently unknown whether the service will be expanded globally, all signs point to the payment giant doubling down on cryptocurrencies like Bitcoin and Ether. 

BUSINESS

US Customers Can Now Buy Bitcoin on PayPal, Wait List Lifted

US Customers Can Now Buy Bitcoin on PayPal, Wait List Lifted

The payment giant has removed its waiting list for crypto services, meaning that all eligible U.S. customers will now be able to buy, sell and hold cryptocurrencies. Spending limits on crypto have also been increased.

by Chris Williams | Powered by Gloria

Share

Add as preferred source

Shutterstock cover by JHVEPhoto

PayPal is removing its waiting list for crypto services, allowing all United States users to buy and sell Bitcoin. 

PayPal Lifts Wait List for Crypto

The payment service made headlines last month when it announced its plans to support digital currencies. 

While it was initially proposed that there would be a waiting list for customers interested in obtaining crypto, the company has since opened up the service to all eligible U.S. customers. 

The Block also reports that purchase limits have been increased, allowing U.S. buyers to purchase up to $20,000 in cryptoassets per week (it was initially set to $10,000, before being increased to $15,000 shortly after). 

While it’s currently unknown whether the service will be expanded globally, all signs point to the payment giant doubling down on cryptocurrencies like Bitcoin and Ether.Â