Payment giant PayPal has removed its waiting list for crypto services, which means that all eligible US customers will now be able to buy, sell and hold cryptocurrencies like Crypto Bank and Ethereum (ETH) . The maximum amount per week that customers can use to invest in Bitcoin & Co has also been increased. You can read more about it here and now.
PayPal is lifting the waiting list and allowing US customers to buy Bitcoin
The payment service made headlines last month when it announced its plans to support digital currencies.
While it was originally suggested that there would be a waiting list for customers interested in purchasing cryptocurrencies, the company has now opened the service to all eligible US customers. Americans can now use Bitcoin (BTC), Ethereum (ETH) and Bitcoin Cash (BCH). Eric Conner shows how it looks in practice with a screenshot on Twitter.
The purchase limits are also said to have been increased so that US buyers can invest up to $ 20,000 per week in Bitcoin . The original plan was $ 10,000 a week.
While it is currently unknown whether the service will expand globally, all indications are that the payment giant will position itself more strongly in cryptocurrencies like Bitcoin and Ethereum. It should therefore only be a matter of time before we in this country also get the opportunity to buy Bitcoin & Co via PayPal. Whether you want that too is another question. In any case, it will lower the inhibition threshold for many newcomers in the field of crypto currencies to actively invest in Bitcoin.
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