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On Thursday, cryptocurrency trading and PayPal payments were activated for all eligible customers in the United States. Users will have a weekly trading limit of up to $ 20,000, instead of the originally announced $ 10,000.
Ultimately, PayPal plans to make cryptocurrency payments available at 26 million establishments around the world. A representative told Cointelegraph that PayPal will notify US customers of the general availability of crypto services in the coming days. The long-awaited international services are expected to launch in early 2021, alongside crypto payments on Venmo. PayPal initially announced its plans to integrate cryptocurrencies three weeks ago. The announcement led to an increase in the price of BTC.
