PayPal's Bitcoin Play Will To Create A Sharp Uptick in Crypto-Adoption

Written by altfins | Published 2020/11/27
Tech Story Tags: paypal | bitcoin | trading | bitcoin-adoption | bitcoin-spotlight | paypal-accepting-bitcoin | bitcoin-maximalism | bitcoin-price

TLDR PayPal's Bitcoin Play Will To Create A Sharp Uptick in Crypto-Adoption, says Richard Fetyko@ altfins. PayPal’s volumes are going through itBit exchange (owned by Paxos, US-based and licensed) Their volume has tripled in recent weeks from an average of $5.6M a day to $15.7M average, even reaching $31M on Nov 17. PayPal raised the maximum amount a user could buy from $10K per week to $20K per weekly. As of Nov 2, only 10% of PayPal users in the U.S. had access to the crypto services.via the TL;DR App

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Written by altfins | Wall Street veteran converted to new age money.
Published by HackerNoon on 2020/11/27