PayPal increases the cryptocurrency withdrawal limit

The electronic payment platform will now allow users in the United States to withdraw up to $ 100,000 per week

Digital payments platform PayPal announced that withdrawals in cryptocurrencies for its customers in the United States had been increased to $ 100,000 per week.

Through a statement, the company indicated that the increase aims to offer users more options and flexibility in the purchase of digital assets.

Since last year, PayPal has been taking actions to favor the acquisition of digital assets through partnerships with other companies such as Binance.

Company CEO, Dan Schulman, indicated that he expected the average in monthly volume of cryptocurrency transactions on PayPal could reach $ 200 million in a matter of months.

K. Tovar

Source: Cryptoeconomy

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