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
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