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[AudraMiller]

The acceptance of cryptocurrency into the PayPal platform was one of the reasons for the major bull market that we saw towards the end of last year, as there were many people that had a lot more confidence in the coins since it was being backed by a major payment giant. However, in a recent news article it seems that the PayPal has moved to increase the limit on crypto purchases through their platform, which was a concern for many users. The limit has not been increased to users being able to purchase as much as 100 thousand dollars in crypto assets weekly. What are your thoughts on this?

 

[Wisdom01]

think its little by little before they start increasing the limit so as to prevent any fraudlent activities, but am glad they increased the limit atleast it might add little positivity to the market

 

[AudraMiller]

think its little by little before they start increasing the limit so as to prevent any fraudlent activities, but am glad they increased the limit atleast it might add little positivity to the market

I think that this will make it much easier for people to buy large amounts of cryptocurrency and hopefully this is reflected in the price of the coins as well.

 

[Wisdom01]

I think that this will make it much easier for people to buy large amounts of cryptocurrency and hopefully this is reflected in the price of the coins as well.

Its a contributing effect to a positive movement to the price,because we all know the effect once people start buying more bitcoin its a favourable sign

 

[AudraMiller]

Its a contributing effect to a positive movement to the price,because we all know the effect once people start buying more bitcoin its a favourable sign

This is true. However it is important to note and something that i did not mention in the article topic as an oversight on my part, is that this is only available in the united states of america currently and therefore the other limits in other regions still apply.

 

[Wisdom01]

This is true. However it is important to note and something that i did not mention in the article topic as an oversight on my part, is that this is only available in the united states of america currently and therefore the other limits in other regions still apply.

dont know why they are not in anyway considering on the service to other country because thats another means for them to gain more revenue from crypto currency trading