All users in the US can now use PayPal to buy, hold, and sell Bitcoin, Litecoin, Bitcoin Cash, and Ethereum on PayPal.
PayPal will charge $0.50 USD on transactions up to $24.99 USD, 2.3% on transactions from $25 to $100 USD; 2% on transactions from $100.01 to $200 USD; $1.8% on transactions of $200.01 to $1,000 USD; and 1.5% on transactions over $1,000 USD. PayPal notes there are no fees for holding crypto in your account. And, to get things started, PayPal is waiving fees until 2021.
For more, see TechCrunch.com.
NOTE: As a user pointed out, “Buying, selling, and holding cryptocurrency with PayPal is not available in Hawaii and where prohibited by law.”