Paypal-Owned Venmo Will Allow Users To Buy, Sell And Hold Cryptocurrencies

Published on: 21.04.2021

Venmo, the peer-to-peer payments service app owned by Paypal will allow users to buy, hold and sell cryptocurrencies. 

The 70 Million Venmo users can select from Bitcoin, Ethereum, Litecoin and Bitcoin Cash for buying and selling crypto in as little as $1.

This is enabled through Paxos Trust Company, a regulated provider of cryptocurrency products and services and a partner of Paypal.

Venmo users can also share their crypto milestones when they choose to publish it. 

This news will further promote cryptocurrency mass adoption.

 

#SmartCrypto

 

 

Market Stats:
BTC Dominance: 58.05%(-0.57%/24h)
ETH Dominance: 11.45%(-0.17%/24h)
Defi Market Cap: $96.46B(+38.98%/24h)
Total Market Cap: $2829.96B(-9.41%/24h)
Total Trading Volume 24h: $246.53B(+37.64%/24h)
ETH Market Cap: $323.93B
Defi to ETH Ratio: 29.78%
Defi Dominance: 3.31%
Altcoin Market Cap: $1187.04B
Altcoin Volume 24h: $132.28B
Total Cryptocurrencies: 36556
Active Cryptocurrencies: 9191
Active Market Pairs: 116339
Active Exchanges: 893
Total Exchanges: 11460
BTC: 82355.15$(-1.61%/1H)
ETH: 2685.31$(-2.02%/1H)
AVAX: 13.02$(-2.4%/1H)
BNB: 814.15$(-1.92%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.4$(-2.25%/1H)
DOT: 2.37$(-2.47%/1H)
UNI: 6.23$(-1.64%/1H)
CAKE: 2.05$(-2.35%/1H)
SUSHI: 0.4$(-2.25%/1H)
ONE: 0$(-2.17%/1H)