Bitcoin

US customers can now buy Bitcoin on PayPal for up to $20,000 per week

Payment giant PayPal has removed its waiting list for crypto services, which means that all eligible US customers will now be able to buy, sell and hold crypto currencies such as Bitcoin (BTC) and Ethereum (ETH).

Also, the maximum amount per week that customers can use to invest in Bitcoin & Co has been increased. You can read more about this here and now.
PayPal removes the waiting list and allows US customers to buy Bitcoin

The payment service made headlines last month when it announced its plans to support digital currencies.

While it was originally proposed that there would be a waiting list for customers interested in purchasing crypto-currencies, the company has now activated the service for all eligible U.S. customers. As a result, Americans can now use Bitcoin Billionaire, Ethereum (ETH) and Bitcoin Cash (BCH). Eric Conner shows how the whole thing looks in practice with a screenshot on Twitter.

Also the purchase limits are said to have been increased, so that US buyers can invest up to $20,000 per week in Bitcoin. Originally, $10,000 per week was planned.

Although it is currently not known whether the service will be expanded worldwide, all indications suggest that the payment giant will position itself more strongly with crypto currencies such as Bitcoin and Ethereum. It might be therefore only a question of the time, until also we get the possibility here at country to buy Bitcoin & CO by PayPal. Whether one wants that also, is another question. In any case it will lower the inhibition threshold for many newcomers within the range of the Kryptowährungen to invest actively in Bitcoin.

Read also: Bitcoin course with 20.000$ still before year end? Swiss bankers & further analysts give their BTC prognosis for the best
Diversify your portfolio with Bitcoin, Ethereum, stocks, commodities and indices

Are you looking for a trustworthy platform where you can invest in leading crypto currencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), IOTA and others while diversifying your portfolio?

Then our test winner eToro is the right place for you. Here you can invest in various assets or actively trade them as CFDs. CFDs have the advantage of building long and short positions with leverage.

eToro offers a wide range of different investment opportunities. No matter if you want to invest in stocks, crypto currencies, commodities like gold and silver, indices or currencies. The multiple award-winning broker offers a wide range of different assets to trade and gives you a wide selection of indicators and tools to analyze the chart individually with the integrated web trader.

The Popular Investor Program also gives you the opportunity to follow other successful traders on the platform at the click of a mouse. Let your portfolio be managed by one or more traders with a convincing performance.