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PayPal to offer Crypto trading and storage in coming months

One of the biggest and bullish news of 2020 for crypto is PayPal to offer Bitcoin Trading and Storage facility to its 325 Million users.

PayPal is an American company operating a worldwide online payments system that supports online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders.

According to the rumours and information shared by Coindesk, PayPal is planning to integrate bitcoin and crypto trading & storing facilities on its platform. PayPal has over 325 Millions users worldwide which is making it a big deal for the crypto industry and one of the bullish news for 2020. Since the rumours are out, bitcoin price shows upward moves. It will give exposure and direct access to its users to buy and sell bitcoin.

PayPal is hiring crypto and blockchain experts with the job descriptions which is also publicly available on the company’s own website.

PayPal declined to comment on this news but according to the sources, PayPal is looking to offer buying and selling of crypto and the facility could be expected “in the next three months, maybe sooner.”


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