{"id":6183,"date":"2021-07-15T23:18:47","date_gmt":"2021-07-15T22:18:47","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=6183"},"modified":"2021-07-15T23:18:54","modified_gmt":"2021-07-15T22:18:54","slug":"paypal-increases-its-crypto-weekly-limit-purchases-to-100k","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/paypal-increases-its-crypto-weekly-limit-purchases-to-100k\/","title":{"rendered":"PayPal increases its crypto weekly limit purchases to $100K"},"content":{"rendered":"\n
In a bid to expand its crypto educational services<\/a> and also to meet the ever-changing needs of customers, PayPal has raised its weekly limit on crypto purchases to $100K.<\/h5>\n\n\n\n
\"PayPal<\/figure>\n\n\n\n

PayPal stated on July 15 that it was raising the weekly cap for crypto purchases by customers in the United States to $100,000, with no annual limits.<\/p>\n\n\n\n

Jose Fernandez da Ponte\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, one of the firm's crypto leaders, emphasized “the ever-changing needs of our consumers” in the announcement. <\/p>\n\n\n\n

Da Ponte emphasized PayPal's attempts to expand its crypto educational services alongside the hike in purchase restrictions.<\/p>\n\n\n\n

In November, the online payments company made its crypto services <\/a>available to the general public, with a weekly cap of $20,000.<\/p>\n\n\n\n

PayPal's cryptocurrency solutions, on the other hand, are totally custodial. Users are unable to withdraw their digital assets into third-party wallets.<\/p>\n\n\n\n

Since the company's introduction, there has been much discussion about whether it will allow withdrawals<\/a> outside of its own platform, which management has indicated is a top goal.<\/p>\n","protected":false},"excerpt":{"rendered":"

In a bid to expand its crypto educational services and also to meet the ever-changing needs of customers, PayPal has raised its weekly limit on crypto purchases to $100K. PayPal stated on July 15 that it was raising the weekly cap for crypto purchases by customers in the United States to $100,000, with no annual […]<\/p>\n","protected":false},"author":12,"featured_media":6184,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26],"tags":[132,1227,174],"class_list":["post-6183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrencies","tag-crypto","tag-payments","tag-paypal"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/07\/PayPal-increases-its-crypto-weekly-limit-purchases-to-100K.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/6183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=6183"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/6183\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/6184"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=6183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=6183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=6183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}