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PayPal launches UK crypto service

August 27, 2021

The new offering, which starts rolling out this week, will give users a choice of four cryptocurrencies — Bitcoin, Ethereum, Litecoin and Bitcoin Cash. Real-time crypto prices and content to learn about the opportunities and risks involved will also be available.

PayPal says there will be no fees to hold cryptocurrency in a PayPal account but transaction fees and currency conversion fees for buying and selling applicable cryptocurrencies will apply.

In the UK, users will be able to buy as little as £1 of cryptocurrency, but will have limits on how much they can buy.

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