On January 11, users of the PayPal payment platform made $ 242 million worth of cryptocurrency transactions, which was a record for the company. Alex Saunders, Founder of Nugget’s News wrote:
“This is almost double the previous record.”
The last record for cryptocurrency trading volume on PayPal was reached on January 6 and amounted to $ 129 million. Daily trading volume on the ItBit platform has grown by 950% since January 1, according to Nomics.
As a reminder, PayPal launched the option to buy and sell cryptocurrencies for US users on November 11, 2020.
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