A crypto news website has reported that the payment giant company Paypal took a good step in extending the purchase limit of digital currencies weekly by $100K, eliminating the overall annual limit. According to Paypal, this moderation will allow their customers to benefit from more options and stretching in buying a digital currency on their platform.
Increasing of Purchased Limit By Paypal
Recently, the payment giant Paypal made a declaration about the rise in the buying limits for digital currencies. The payment firm gave an explanation that since the release of their cryptocurrency Paypal Crypto last year in the United States, it has shown concern for the customer needs with the provision of a platform that is secure and trustworthy in purchasing, selling, and checking out with digital currency.
As per the details mentioned by Paypal Inc., there have been efforts to fulfill the customer needs. And for that, this payment giant company made a declaration to increase the buying limits of cryptocurrency for their eligible customers in the United States to around $100K every week with no annual buying limit. This favorable advancement will certainly result in letting our customers avail many options and no rigidity in purchasing a digital currency on the payment platform.
Final Words
Now doesn’t it seem like a positive development in the growth and efficiency of cryptocurrency? Of course, it is. Stay abreast with blockchain regulation news to brush up your knowledge with new recent developments that are taking place in the crypto world.
