PayPal launches crypto service in UK

PayPal launches crypto service in UK

Starting this week, PayPal Holdings is offering its UK customers to pay for goods and services directly in cryptocurrency.

Previously, the cryptocurrency payment service was only available to US residents.

The British PayPal service supports Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and litecoin (LTC), and plans to expand its listing. Crypto transactions are possible through PayPal wallet from 1 dollar or euro. The limit is limited to 15 thousand pounds per week and 35 thousand per year. 

Over the next months, the company promises to launch a new crypto wallet with expanded functionality.

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