Most cryptocurrency owners would use it to buy things through a mobile wallet

Mobile wallet - Cryptocurrency - Bitcoin - Mobile

Over one third of crypto-owning consumers aged 18 to 54 would shop with their digital coin. About 67 percent of cryptocurrency owners between the ages of 18 years and 54 years old would use their digital coin in a mobile wallet to make purchases, according to a Cantaloupe Inc. study. The digital payments company’s survey showed that consumers most likely to own crypto coin are 18 to 34. Thirty seven percent of crypto owners are 18 to 34 years old, and 33 percent are aged 35 to 54 years old.…

Read More

PayPal wallet to allow users to withdraw cryptocurrency into third party apps

PayPal wallet - Bitcoin Symbol

The digital payment transaction company announced its intention to add the new crypto option. Last week, PayPal Holdings Inc announced that it intends to make it possible to withdraw cryptocurrency from the PayPal wallet into third party payment apps. The American online payments company first started allowing cryptocurrencies on its platform in October. Though it does accept cryptocurrencies onto its own PayPal wallet, the company does not currently allow its users to move the digital coins off its own platform. This news was announced at the CoinDesk Consensus 2021 conference.…

Read More