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24 June 2021

PayPal processed nearly $2 billion worth of Bitcoin, Ethereum, and Litecoin trades in May

PayPal processed nearly $2 billion worth of Bitcoin, Ethereum, and Litecoin trades in May


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PayPal’s custodian of crypto funds,itBit, traded over $2.1 billion worth of Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and PAX in May, according to data provided by analytics toolNomics.

Paxos’ easy-to-integrate APIs and regulatory framework enabled PayPal, which currently supports four cryptocurrencies, namely Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and  Litecoin (LTC), to enter the crypto market at a massive scale that only a mainstream financial platform can reach.

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Cryptoslate.com
Market data feeds provided by cryptocompare.com
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