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PayPal has entered the era of virtual currency or cryptocurrency. This time, customers of the company will be able to trade Bitcoin and other virtual currencies using PayPal account.
Customers will be able to make purchases through virtual coins from 26 million sellers who receive transactions from PayPal. PayPal plans to launch the service in the United States in the next few weeks. This service will be launched in full force at the beginning of 2021. After the news was published, the value of Bitcoin has exceeded 12 thousand US dollars.
The other cryptocurrencies to be added to PayPal services after Bitcoin are Ethereum, Lightcoin and Bitcoin Cash. All can be stored directly in PayPal Digital Wallet, the company says.