PayPal now lets you buy cryptocurrency in the UK Broadening i | Partner One Trust

PayPal now lets you buy cryptocurrency in the UK

Broadening into the UK market is the first territorial expansion of the company’s service outside of the US, and news of the move has already caused the price of Bitcoin to rise two per cent over the past 24 hours. Ethereum, on the other hand, has already risen nearly six per cent.

PayPal touts that customers can begin owning cryptocurrencies for as little as £1 and without any additional fees - though in the world of crypto that’s generally the norm.

The company also says it provides customers with some basic “educational content” on cryptocurrencies, but just a few sentences later encourages users “do their research” before making any major purchasing decisions.