PayPal increased the limit of cryptocurrencies that users can buy by 5 times. Specifically in one week users can buy up to 100 thousand dollars bitcoin unlike the 20 thousand dollars that was before.
PayPal also lifted the $ 50,000 annual limit by offering users more solutions and flexibility with buying cryptocurrencies on the platform.
In October 2020 PayPal for the first time allowed users to purchase cryptocurrencies on its platform. Gradually added bitcoin, ether, litecoin and bitcoin cash to the Venmo mobile payment app.
Users must spend a minimum of $ 1 to buy cryptocurrencies. All this move only further inflated the value of bitcoin that reached the record of 60 thousand dollars in April while today it is exchanged for 31 thousand dollars. / PCWorld Albanian