Trading digital currency just got easier for Brit’s with PayPal launching a new crypto exchange feature in the UK
PayPal will allow customers in the UK to buy, sell and hold bitcoin and other cryptocurrencies starting this week, after the company announced the news on Monday.
The roll-out and expansion into Britain is the first international expansion of PayPal’s cryptocurrencies services outside of the United States and could inspire further mainstream adoption of the new asset class.
With over 403 million active accounts globally, PayPal is one of the largest mainstream financial companies to offer consumers access to cryptocurrencies.
PayPal launched cryptocurrency buying and selling in the United States early this year.
The company later gave customers the ability to use their digital coin holdings to shop at the millions of merchants on its network.
