PayPal will soon allow its customers in the United Kingdom to hold, buy, and sell Bitcoin and other cryptocurrencies.
Customers will be able to choose between Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
PayPal warned its customer base that crypto assets are considered volatile because of how much and how quickly its value can change. “There is the potential for gains and losses, with the possibility you could lose the entire amount you paid.”
A similar move was announced in the United States earlier this year, with PayPal offering what it calls “Crypto for the people.”