PayPal expands its cryptocurrency support to new regions, all you need to know

PayPal has introduced the feature of cryptocurrency buying and selling on its platform for the people of UK. Going forward, PayPal users in the UK will be able to trade in Bitcoin, Ether and other such cryptocurrencies right through the service.

PayPal has announced that its customers in the UK will now be able to buy, sell and hold Bitcoin and other cryptocurrencies starting later this week. The feature will come for the first time ever on the online payments platform in a country outside the US. The decision is being hailed as a big motivator to the mainstream adoption of cryptocurrencies. That is also because PayPal does not let its users just trade in cryptocurrencies. It further enables their use as a viable payment option at associated retail stores.