BitRss.com latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

PayPal’s Venmo now allows users to buy and sell crypto

PayPal's social payment arm Venmo has officially launched the service to let its users buy, hold and sell crypto assets within its mobile app.
The company said in an announcement that the service, called "Crypto on Venmo," starts to roll out on Tuesday and will be available to its 70 million customers directly in the Venmo app within the next few weeks. 
Similar to PayPal, the offering on Venmo is enabled through the partnership with Paxos, which facilitates the transactions behind the scene.  BTC, ETH, LTC and BCH are the only supported crypto assets within the Venmo app.
The move follows reports last year that the crypto offering will start with PayPal first and Venmo is slated to follow in 2021. In order to do that, PayPal obtained a conditional license from the New York Department of Financial Services, which allowed it to offer crypto buying and selling.
Venmo said in the announcement that according to its 2020 Customer Behavior Study, over 30% of its customers "have already started purchasing crypto or equities, 20% of which started during the pandemic." © 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

BitRss.com shares this Contents always with License.

Thank you for Share!

   
Tumblr
LinkedIn
Reddit
VK

WhatsApp
Telegram

Cool to know huh? Read the full Article

Cool huh? Please read the full Article: PayPal’s Venmo now allows users to buy and sell crypto


Search about Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

Today Most Popular News