Advertisement
UK markets open in 5 minutes

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • HANG SENG

    17,262.88
    +61.61 (+0.36%)
     

  • CRUDE OIL

    82.88
    +0.07 (+0.08%)
     

  • GOLD FUTURES

    2,331.80
    -6.60 (-0.28%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • Bitcoin GBP

    51,383.09
    -2,012.28 (-3.77%)
     

  • CMC Crypto 200

    1,390.44
    +7.87 (+0.57%)
     

  • NASDAQ Composite

    15,712.75
    +16.11 (+0.10%)
     

  • UK FTSE All Share

    4,374.06
    -4.69 (-0.11%)
     
Property:

How to sell your home

Top tips from property investors

PayPal-Owned Venmo Adds Bitcoin Buying and Selling

Jamie Crawley
Updated ·1-min read

PayPal has expanded crypto trading to its Venmo payments app in a fresh indication of the payment giant’s cryptocurrency ambitions.

  • Customers of the payments app will be able to buy, sell and trade as little as $1 worth of crypto on Venmo, which has more than 70 million customers.

  • As on PayPal itself, trading is limited to bitcoin, ethereum, litecoin and bitcoin cash.

  • Rollout commences today and will be available for all customers within the next few weeks, the announcement Tuesday said.

  • This is being offered in partnership with Paxos, which was tapped by PayPal as a liquidity provider.

  • PayPal opened trading on select cryptocurrencies to U.S. customers in November and began allowing users to pay with crypto in March.

See also: PayPal Pushes Crypto Further Mainstream With Planned Checkout Service for 29M Merchants

Related Stories