But a new feature of Paypal facilitating and even encouraging its customers to use their balances in cryptocurrencies! This US release helps users make payments on these assets.

How would it be?

The article comments in full: "PayPal announced on Tuesday, 30, a new function that allows US users to use balance in cryptocurrencies for payments on the platform, in particular Bitcoin, Ethereum and Litecoin.

With the news, PayPal is expected to help popularize cryptocurrency payment and expand its market towards cryptocurrency exchange agencies. Last week, the company announced it had 377 million active accounts.

Payment will be available through the "checkout with crypto" function, available from today. In October last year, the company had already allowed users to use the platform to buy and sell cryptocurrencies and in November, the company acquired a large amount of bitcoins.

With the function, it will be possible to convert the balance into cryptocurrency directly into dollars without the need for transaction fees. If a merchant does not accept dollars, PayPal converts the amount to local currency. Payment can be made at any of the 26 million storeowners registered on the platform.

It is not possible to use more than one cryptocurrency for the same transaction and this payment option will only be available if there is enough balance to complete the transaction.

In addition to PayPal, Square, which owns the CashApp app, has had bitcoin buying, selling and payments since 2018. "

Yes, this function is a perfect match for cryptomaniacs on duty ...