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PayPal to allow US users buy, hold and sell cryptocurrencies

PayPal to allow US users buy, hold and sell cryptocurrencies

PayPal has launched a new service in partnership with cryptocurrency company Paxos in which it will allow Americans to buy, hold and sell cryptocurrencies. PayPal says the service will be introduced to more countries soon. To begin with, PayPal will support Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. It may allow trading in other cryptocurrencies in the future.

Timothy
Timothy
luther
luther 0 months

Sounds great until PayPal doesn't like your politics or something you stand behind then seizes your assets and doesn't let you have access to your money…

Randy
Randy 0 months

Monero is there only one with having, as far as I can tell.

Mozgus
Mozgus 0 months

Good news overall but the entire point of crypto is to be your own bank and this is exactly the opposite of that. Hopefully this will be a gateway for newbies to learn this. I don't trust PayPal with my cash for even a single day. I always cash out.

David Webb
David Webb 0 months

Boycott paypal

Alex Stovall
Alex Stovall 0 months

😂the dame ppl that will ban u for speaking against their ideology want to hold your money? Sounds good

R_Forde
R_Forde 0 months

I’ll just keep using my other wallet thanks.

Pathum Addarapathirana
Pathum Addarapathirana 0 months

Moonboys rise up

Peking Biden
Peking Biden 0 months

what this decentralized crypto platform really needs os more centralization... boomers gonna boom

Barthold
Barthold 0 months

I have totally no confidence in cryptocurrencies ...

Leonard
Leonard 0 months

You like to gamble, go to Vegas.

Rocky
Rocky 0 months

Couldn't care less the dream of crypto decentralized money died when it became state sponsored. Government already controls all the vast majority of production on crypto (over 80% of current nodes are government controlled). They have the power to influence the value so the fact that crypto itself is "decentralized" doesn't matter any more. It was a glorious experiment, but they cought on quickly and beat us at our own game. Maybe next time we can keep the mining decentralized also and ban asic mining equipment on the blockchain so it remains smaller private entities doing the mining. When they allowed the asic miners on the chain they opened the door for large scale government sponsored mining farms that increased the difficulty to a point where the average person can no longer be profitable at mining. What a mess. BTW paypal entering this crap storm now is far less interesting to me than crypto trajectory in general.

themdg
themdg 0 months

Your thought police managing your untraceable money. What could go wrong?

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