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Paypal And Venmo Plan To Offer Direct Crypto Buying And Selling

Emily Mason

Summary: Paypal and Venmo users will soon be able to buy and sell cryptocurrencies directly from the platforms, as reported by Coindesk. Paypal users can already widthdraw funds from crypto exchanges through the site, but this development will allow its 325 million users to purchase and sell digital assets directly through a built-in wallet feature. The ...

Paypal and Venmo users will soon be able to buy and sell cryptocurrencies directly from the platforms, as reported by Coindesk.

Paypal users can already widthdraw funds from crypto exchanges through the site, but this development will allow its 325 million users to purchase and sell digital assets directly through a built-in wallet feature. The option will likely be available within the next three months one source said.

It has not been announced which currencies will be available or which exchanges the company will be working with.

By Emily Mason

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