PayPal extends crypto services to Great Britain

PayPal has started the international expansion of its cryptocurrency services to facilitate access to a wide range of cryptocurrencies

The leading payment giant PayPal has announced that it will offer its customers to the United Kingdom of Cryptocurrency Trading Services. The company I announced today and added that British customers now and Buy, sell and hold some other cryptocurrencies.

PayPal started to offer its users cryptocurrency services that enable users to buy, sell and maintain some cryptocurrencies. However, the service was limited to PayPal customers in the USA.

This is the first time that PayPal extends its cryptocurrency services to its customers outside the USA. The company based in California has more than 400 million customers worldwide and intends to offer them easy access to the cryptocurrency market.

JOSE Fernandez da Ponte, Vice President and General Manager of PayPal for blockchain, crypto and digital currencies said: “We are determined to continue working closely with the supervisory authorities in Great Britain and all over the world to offer our support- and to make a meaningful contribution to the design, the role of designing digital currencies in the future of global financial and trade will play. "

The introduction of cryptocurrency trading services in Great Britain will offer dealers more options for access to the market. British dealers can already get access to the cryptom market via established cryptocurrency exchanges such as Coinbase and other leading fintech companies such as revolut

currently offers its customers only access to a limited number of cryptocurrencies compared to the cryptocurrency exchanges. However, the large global range and the call of PayPal could play a role in convincing more people to buy, sell and maintain cryptocurrencies.

The Venmo belonging to PayPal also introduced its cryptocurrency services at the beginning of this year, which enable millions of customers in the United States to have access to the emerging market. The cryptocurrency market is slowly recovering from the break -in in May and June.

Bitcoin is now traded on the $ 50,000 mark after it fell below the $ 30,000 mark a few weeks ago. Ether is currently trading over $ 3,200 after another rally last week. These two cryptocurrencies will be available to the PayPal customers together with Litecoin and Bitcoin Cash.