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FX/Crypto brokers widely offer PayPal to fund trading accounts. PayPal connects the trader's forex account with their bank card or bank account. PayPal is used in over two hundred countries and has 346 million active accounts worldwide.
PayPal's announcement in October 2020 to allow customers by early 2021 to buy, sell and hold bitcoin and other virtual coins using the digital payments company's online wallets may enable Cryptocurrency as a funding source for funding FX/Crypto trading accounts worldwide. The trend appears positive for FX/Crypto brokers as Cryptocurrencies tend to be volatile, making them attractive to speculators and margin traders.
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