Get ready fellas, it looks like 2021 will be the year we've been waiting for since 2017, PayPal CEO, Dan Schulman, disclosed its clients are signing up to be the first to use the company’s crypto services at an alarming rate. PayPal has started to permit 10% of its customer base to buy, sell, and hold Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. What do you think will start happening from here on ? Huge adoption
Paypal has increased weekly crypto buying limit to 20k now which is great, just wait for a bigger limit or even unlimited and then you will see market booming. Paypal has started this service in US only at the moment and the only downside is that you will not be anonymous as paypal is a regulated company. The positive side is that you can easily buy and sell between crypto and fiat directly from your paypal account.