PayPal will allow you to pay for your purchase using cryptocur | Smart Bitcoin

PayPal will allow you to pay for your purchase using cryptocurrency.

The beginning of mass distribution is beginning to take the first confident steps.

PayPal users who store Bitcoins (BTC), Ether (ETH), (BCH) and litecoin (LTC) in PayPal digital wallets can now convert their assets to fiat money to make purchases.

“This is the first time you can seamlessly use cryptocurrency just like a credit or debit card in your PayPal wallet,” said PayPal CEO and President Dan Shulman.

“We think this is a transitional moment where cryptocurrencies are moving from a predominantly asset class that you buy, hold or sell, to now becoming a legitimate source of funding for real-world transactions with millions of sellers.”

PayPal first introduced the cryptocurrency spending feature last October. In the coming months, the company will expand this feature to users outside the US at its 29 million retail locations worldwide. PayPal will not charge transaction fees when paying with cryptocurrency, and customers can only use one type of cryptocurrency for each purchase.

What does it matter to me?

Digital assets are becoming an inevitable part of our lives. Now they are generating colossal income. And only you can decide whether to skip this holiday of life or not.