PayPal to strengthen crypto operations with « significant investments »

PayPal’s decision to introduce cryptocurrency triggered the price spike in the markets last year. Bitcoin (BTC) prices against the US dollar are now rising steadily after new PayPal announcements: The company has indeed announced that it will invest « significantly » in a « new business unit for crypto, blockchain and digital currencies » which in their opinion « one will help to shape » a more inclusive future. « 

The company’s CEO, Dan Schulman, did not provide details on the numbers, but claimed in an investor briefing that « the volume of crypto assets traded on the PayPal platform » « far exceeded our expectations. »

The company, which currently only offers its crypto functions in the USA, achieved record sales of more than $ 6 billion and a payment volume of $ 277 billion in the previous quarter of the fiscal year. Fiscal year 2020. However, this is not the case information on the market share of its crypto activities to date.

Mr. Schulman noted that the current financial system is « archaic » and enthusiastic about these activities, indicating that customers in this sector are more likely to return to take advantage of these new services.

In a statement to investors, the company wrote:

Customers who buy cryptocurrency have signed up to PayPal at twice the rate of their sign-in frequency before purchasing.

The company also noted that in 2021 it will seek to expand its plans to « use cryptocurrencies as a source of funding to pay for the roughly 29 million PayPal merchants around the world. »

She added that she plans to expand the capabilities through the further development of her mobile payment service Venmo (mentioned last November) and « certain international markets » in the first half of 2021.

PayPal customers can buy, sell and (almost) hold Bitcoin (BTC), Ethereum (ETH), Bitcoin cash (BCH) and Litecoin (LTC) in their PayPal wallet.

As mentioned earlier, Bitcoin could make the online payments giant the focus of its customers’ financial lives as BTC will help increase engagement on this platform and boost PayPal’s sales, argued Dan Dolev of Mizuho Securities in December.

Buy cryptocurrency; SEPA Europe Zone and French citizens:

How To Buy Cryptocurrency In Canada:

How to buy cryptocurrency by bank card or credit card:

To open a Bitcoin savings plan, go to the regulated StackinSat platform.

How to secure or store your cryptocurrencies:

To invest in mining or master nodes:

How to anonymize your cryptos:

How to interest your bitcoins:

How To Collect Crypto While Playing:

If you want to learn more about investing in Bitcoin and cryptocurrency, here are two perfect books: “Understanding Bitcoin in 2 Hours” and “Investing in Bitcoin”.

Here are the sources of information we offer: Our free weekly newsletter:

How do I buy bitcoins from Kraken?

How do I buy bitcoins from Kraken?

Our audio podcast:

Which crypto on Kraken?

Our YouTube channel:
Twitter: Instagram:
Facebook: Telegram:
Unlike other platforms, you can deposit euros directly into Kraken, which allows you to buy Bitcoin or any other available cryptocurrency. ud83d udca1 Please note, however, that it is not possible to deposit euros with a bank card. Only bank transfers are accepted by Kraken. octopus

Does the Kraken exist?

Does the Kraken exist?


Who Killed the Kraken?

July 28, 2011 and March 2020

Where does the octopus live?

The headquarters

What are the fees for Kraken?

San Francisco

Which crypto should I buy?

website [archive] [archive] Although the name Kraken never appears in Scandinavian sagas, this creature originated in Norway. There are sea monsters, the Hafgufa and the Lyngbakr, described in the Örvar-Odds-Saga (Örvar-Oddr-Saga) and in the Konungs skuggsjá, a Norwegian work from 1250.
This island is also home to the remains of the octopuses that were killed by the Flying Dutchman’s cannons. Erik Ludvigsen Pontoppidan, Bishop of Bergen, in his Natural History of Norway (1752) actually describes the octopus as « a mile and a half long beast that sinks to the bottom when it clings to the largest warship » and states that it is « in the The seabed lives from which it only rises … The fees for Kraken are relatively low compared to market prices. On average, the transaction fees are between 0.15% and 0.25% and vary mainly depending on the transaction volume. Withdrawal and deposit fees vary by currency.
Page? ˅ For whom ? Cryptocurrencies available
Coinbase Beginner Bitcoin, Ethereum, Litecoin
eToro Beginner Bitcoin, Ethereum, +12

Where can you buy bitcoins?


How do I transfer to Binance?


PayPal to strengthen crypto operations with « significant investments »
4.9 (98%) 32 votes