Square drew a lot of attention during the winter 2017 crypto bull market as it introduced Bitcoin trading into it’s network.
After Squares success, PayPal’s Venmo, has followed suit by releasing cryptocurrency trading of the four main crypto coins Bitcoin (BTC), Bitcoin Cash (BCH). Ether (ETH), and Litceoin (LTC)
Over 70 million Venmo customers are now able to buy, hold and sell cryptocurrencies simply using the Venmo app. Users are now provided with in-app guides to help them understand and embrace the world of cryptocurrency. Each customer that participates is asked to share their feedback on the Venmo feed.
Using either their balance in Venmo, a connected bank account, or debit card users of the app can purchase cryptocurrency at a minimum of $1. They can buy, hold, or sell all within the app.
Many Venmo customers have already started purchasing.
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