PayPal introduces Bitcoin raffle with prizes up to $100K for US users

Key Takeaways

  • PayPal launched a Bitcoin raffle for US users with up to $100,000 weekly prizes.
  • The raffle runs through late December, targeting the holiday season.

PayPal, a digital payment platform, today launched a Bitcoin raffle offering US users the chance to win $100,000 prizes through weekly draws running through late December.

The sweepstakes allows participants to enter by purchasing crypto through PayPal’s app or by submitting free mail-in entries. The promotion targets US users as part of a holiday season engagement effort designed to boost crypto adoption.

PayPal enables users to buy and hold cryptocurrencies like Bitcoin directly through its platform. The raffle features multiple weekly draws, giving participants regular opportunities to win throughout the holiday period.

Source: https://cryptobriefing.com/paypal-bitcoin-raffle-us-prizes-2024/