PayPal (NASDAQ:) finally announced that it has launched the capability to purchase and sell cryptocurrency on its platform. You can allowThe ability for users to send, receive and transfer digital assets natively between PayPal and any other wallets or exchanges. This feature has been made available to selected U.S. users as of Tuesday. The option will expand to all U.S. eligible users over the coming weeks. This is the first set of supported coins.BTC), (ETH), (BCH(LTC).

Additionally, anyone who transfers their crypto to PayPal can use the Checkout feature at any of millions merchant terminals. New York Department of Financial Services granted the company a complete Bitlicense for this conduct.