51.3 F
New York
Monday, December 6, 2021
Advertisement
Home General PayPal Removes Annual Limit For Crypto Purchases By CoinQuora

PayPal Removes Annual Limit For Crypto Purchases By CoinQuora

0
78
PayPal Removes Annual Limit For Crypto Purchases By CoinQuora
Advertisement

PayPal Removes Annual Limit For Crypto Purchases

Paypal Removes Annual Limit For Crypto Purchases

  • Paypal removes its annual crypto purchase limit.
  • It also increased the weekly crypto purchase limit from $20,000 to $100,000.
  • The payments platform hopes to offer its users more flexibility in buying cryptos.

Seeing great results from opening crypto purchases on its platform, Paypal has made the decision to increase the weekly limit for users on purchasing cryptos. More so, it has also completely removed the annual limit.

The payments giant had an annual purchase limit of $50,000. This cap is now gone. Users are now treated to the chance of buying as many cryptos as they wish. However, the weekly purchase limit is still in effect.

Users on the platform can now buy up to $100,000 crypto per week. This is a 5x increase from the previous weekly limit of $20,000. Still, any crypto purchase made by any user on the platform must be at a minimum of $1.

Note that this still only applies to the Paypal users living in the US. This is no surprise as the purchase of cryptocurrencies on the

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Read More

Advertisement

LEAVE A REPLY

Please enter your comment!
Please enter your name here