You Can Now Buy $100K Worth of Crypto Each Week Through PayPal.
21 Jul 2021, 08:00
You Can Now Buy $100K Worth of Crypto Each Week Through PayPal
PayPal – arguably the largest digital payment platform in the world – has some good news for crypto holders. The company announced that it was upping its weekly crypto spending limit to approximately $100,000. The firm has stated that it is also doing away with its annual $50,000 limit.
PayPal Customers Can Now Buy Six-Figures Worth of CryptoPrior to this move, PayPal customers could only purchase as much as $20,000 in crypto every seven days. Now, it looks like that number has gone up five times. In a statement, PayPal explained:
We have been actively engaging with our customers to better understand their needs to help ensure we are providing a trusted and secure platform to buy, hold, sell and checkout with cryptocurrency.