Digital Assets: Ledger and PayPal Integrate For Crypto Transactions

PayPal joins Ledger Live’s ‘Buy’ section as a new payment method and ‘Buy’ provider.
Ledger and PayPal (NASDAQ: PYPL) have joined forces to simplify the process of entering and transacting in the world of cryptocurrency. The integration allows users to conveniently and securely transact cryptocurrencies through the Ledger Live companion app.
PayPal is now available as a payment method in Ledger Live’s ‘Buy’ section, enabling users in the U.S. to directly purchase BTC, ETH, BCH, and LTC using their linked PayPal accounts. This integration aims to provide a user-friendly platform for buying cryptocurrencies. (Ledger)
If users have previously bought crypto with PayPal, they can seamlessly make purchases through Ledger Live. The purchased assets will be automatically sent to their Ledger hardware wallet.
Users without a PayPal account or those new to crypto may need to create a PayPal account or undergo verification.
Ledger Live, with a substantial user base, offers various features like buying, selling, swapping, staking, and lending digital assets, as well as exploring the Internet of Value securely.
Pascal Gauthier, Chairman & CEO of Ledger, said the integration would merge the company’s unwavering security with PayPal’s expertise in secure payment technology to create a smooth and secure platform for cryptocurrency transactions. This integration offers more choices to users and ensures their confidence as they convert dollars into cryptocurrencies.
Related Story: PayPal Is The First Major Finance Company In The USA To Issue A Stablecoin

Latest Alternative Investment News

Digital Assets: Epic Lays Off 830 Employees As Metaverse Underperforms
Earlier today, Tim Sweeney, the head of Epic Games, shared an email with the company’s employees, announcing some significant changes within the organization. In this message, Sweeney discussed the necessity…

Artificial Intelligence: Mysterious US-Based Books3 Dataset Used To Train AI Was A Massive Trove Of Pirated Books
Thousands of books penned by some of Australia’s most esteemed authors may have fallen victim to what Booker prize-winning novelist Richard Flanagan has described as “the biggest act of copyright…

FinTech: Ant’s Chongqing Consumer Finance Arm Raising $616M To Ramp Up Loans
Chongqing Consumer Finance, the consumer finance arm of Ant Group, a prominent player in China’s financial technology landscape, is currently in the process of raising a substantial sum of fresh…

Venture Capital: Mercury’s Fund V Mops Up $160M For US Startups “Between The Coasts”
Mercury Fund, the premier early-stage venture firm with a focus on non-coastal tech hubs, has successfully closed its largest fund to date, Mercury Fund V, with a total capital commitment…