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PayPal launches crypto in the UK

Bitcoin, ether, litecoin and bitcoin cash will be available to buy, sell and hold on PayPal’s UK app

PayPal, which also operates the mobile payments app Venmo, first launched cryptocurrencies for US customers in October last year
PayPal, which also operates the mobile payments app Venmo, first launched cryptocurrencies for US customers in October last year Photo: SOPA Images/LightRocket via Getty Images

PayPal users in the UK can now use the online payments platform to buy, sell and hold cryptocurrencies, marking the service’s first foray beyond the US.

Rolling out this week, customers will be able to access four different cryptocurrencies — bitcoin, ether, litecoin and bitcoin cash. The PayPal app and website will show real-time crypto prices, offer up educational content and a notice on the opportunities and risks of investing.

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