PayPal Is Expanding Crypto Team, Hiring 100+ Crypto Positions Globally

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,256,773,462,180	SHA-256d

Name

Symbol

Market

Market Cap ($)

Algorithm

Bitcoin

BTCUSD

Crypto

1,256,773,462,180

SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	526.24	0.83%	63,937.56	63,936.63	63,942.66

Price Change

Price Change %

Current Price

Bid Price

Offer

526.24

0.83%

63,937.56

63,936.63

63,942.66

High Price	Low Price	Open Price	Prev. Close	52 Week Range
64,333.33	63,418.33	63,472.78	63,411.32	24,750.00 - 73,835.57

High Price

Low Price

Open Price

Prev. Close

52 Week Range

64,333.33

63,418.33

63,472.78

63,411.32

24,750.00 - 73,835.57

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	08:20:59	0.011950	63,936.63	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

08:20:59

0.011950

63,936.63

USD

Price x Volume	Volume	Base Symbol	Related Pairs
96,895,622.18	1,516.92	BTC	BTCEUR	BTCGBP	ETHBTC

Price x Volume

Volume

Base Symbol

Related Pairs

96,895,622.18

1,516.92

PayPal Is Expanding Crypto Team, Hiring 100+ Crypto Positions Globally

03/08/2021 7:08am

NEWSBTC

Payments behemoth PayPal is expanding their crypto personnel. The company is reportedly hiring over 100 crypto-related employees as consumer crypto demand continues to grow. Over the past week, PayPal has been in continued conversations around growing it’s crypto services. A Lot Of Shoes To Fill While a majority of the job listings are in the U.S., there are a variety of positions across the globe – including five listings in Tel Aviv, seven in Guatemala City, and six between Dublin and Dundalk. Stateside, over twenty listings are in California, with another fourteen in New York and a dozen in Austin, TX. There’s a variety of positions in other U.S. cities as well. Roles run the gambit, as well. Positions include anything from Enterprise Risk Managers and Operations Managers, to Legal Directors and Engineers – both on web and mobile. A number of the roles are for PayPal’s online money transfer service, Xoom, and for mobile payments app Venmo. PayPal looks to continue investment in building it's crypto infrastructure, now bringing on a substantial amount of new team members across the globe. | Source: NYSE: PYPL on TradingView.com Related Reading | On-Chain Expert Predicts $162K Bitcoin Peak This Cycle Crypto “Super App” & More From PayPal Crypto development and expansion for PayPal seem to be on the up and up. During the company’s second-quarter earnings call, CEO Dan Schulman stated that “the initial version of our new new consumer wallet super app is code complete and we are now beginning to slowly ramp.” Schulman added that features will likely include “high-yield savings, early access to direct deposit funds, new and improved bill pay functionality, messaging capabilities outside of P2P to enable family and friend communications” and more. Crypto expansion is clearly in full swing. Another note from Schulman on the recent earnings call was that crypto services in the U.K. could be unrolled as early as later this month. Last month, the firm also removed their annual purchase limit on crypto, and raised their weekly limit to $100K. The bumps were substantial previous weekly limit was $20K, and previous annual limit was $50K. These moves look to be the start of more aggressive maneuvers for PayPal in crypto. “We’re right in the middle of some open banking integration,” Schulman noted on the earnings call, which would “increase the ability to fully integrate it into ACH and do faster payments.” The new crypto job listings come right on the cusp of PayPal competitor Square releasing strong year-over-year growth in bitcoin revenue and profits. PayPal crypto launched in October 2020. Shortly after launch, U.S. customers were able to buy, sell and store Bitcoin, Litecoin, Ethereum, and Bitcoin Cash. Could more global access be on the horizon for PayPal customers? Related Reading | “The Death Of China’s Bitcoin Mining Industry,” 7 Takeaways From The Article Featured image from Pixabay, Charts from TradingView.com

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