Paypal launches today, March 30, 2021, the cryptocurrency payment option for customers in the United States of America: "Checkout with Crypto".
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The company announces that the utility of cryptocurrencies will increase significantly with the direct opening to a market of millions of consumers and online businesses.
Paypal is one of the largest operators of an online payment system in the world with over 375 million users and online merchants.
At the moment, Paypal actually allows users of the platform to buy, hold and sell cryptocurrencies but also to make direct payments to online stores that implement Paypal as a payment solution for online checkout.
"With the accelerated adoption of digital payments and currencies, the introduction of Checkout with Crypto by Paypal continues to deepen the company's focus on the growing adoption of cryptocurrencies and allows Paypal to continue to offer customers as many options and flexibility as they can. and use your Paypal account, says Dan Schulman, president, and CEO of PayPal.
Paypal says that payment using cryptocurrencies through their platform is a transparent method, with an easy exchange rate between cryptocurrencies and USD, which does not involve hidden costs for end-users or companies that use Paypal.
All payments made using cryptocurrencies are automatically converted into US dollars (USD) before payment to merchants and the conversion is automatically made at a standard exchange rate published by the company.
How much is a Bitcoin worth?
Today, March 30, 2021, the value of a Bitcoin (BTC) is 58,500 USD / 50,000 EUR.
Bitcoin continues on an upward trend with more than a doubling in value since early 2021.
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