Payments giant PayPal integrates with a crypto wallet to allow merchants to buy crypto assets within its application.
In a new announcement, crypto wallet provider Ledger say that it has partnered with PayPal to let US customers directly purchase select digital assets such as Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) by linking accounts.
“We are pleased to announce an on-ramp integration with PayPal, allowing users to explore crypto in a convenient, simple and secure way through the Ledger Live companion app…
Whether you are a crypto expert or a newcomer to the digital currency world, the integration of PayPal and Ledger Live provides a secure and easy-to-use platform for buying crypto. When using PayPal through Ledger Live, Ledger users in the US (subject to applicable state law) can purchase BTC, ETH, BCH and LTC directly using their linked PayPal account.”
Ledger Live is an app associated with Ledger’s crypto wallet that allows users to buy, trade, exchange, lend and stake virtual assets. Digital assets purchased through the app will be sent directly to a user’s Ledger wallet, according to the announcement.
As stated by Pascal Gauthier, Chairman and CEO of Ledger,
“We combine Ledger’s uncompromising security with PayPal’s leadership in secure payment technology to enable a secure and seamless platform for users’ crypto transactions.
Ledger is committed to simplifying the world of cryptocurrency and PayPal is committed to making moving money as easy, secure and affordable as possible. This integration opens up more options and gives users peace of mind when converting dollars into crypto.”
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Featured image: Shutterstock/Igor Kyrlytsya
