PayPal Adds Support for Crypto in Its Mobile App
At this point, the platform supports 4 cryptocurrencies: Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The minimum transaction amount is set at $1.
Apart from exchanges, users will also be able to use crypto for payments in numerous online merchants that support PayPal. The app also offers education content about digital assets for its customers.
PayPal started integrating cryptocurrencies back in 2020. The platform’s CEO has previously said that he believes digital assets and blockchain will revolutionize the global financial system.