Ledger Collaborates with PayPal, Enabling Bitcoin and Ether Purchases via Crypto Wallet App Ledger, a prominent hardware wallet manufacturer, has joined forces with the renowned payment giant PayPal to introduce a new feature within its Ledger Live app. This innovative integration empowers users to seamlessly purchase cryptocurrencies, including Bitcoin and Ether, utilizing their existing PayPal accounts. The partnership aims to provide users with enhanced convenience and security for their crypto transactions.
By integrating PayPal with Ledger Live, users can connect their PayPal accounts to the app without the need for additional verification steps. This streamlined process is set to simplify the crypto purchasing experience and facilitate the transfer of acquired tokens directly to the Ledger hardware wallet.
Pascal Gaithier, CEO of Ledger, expressed the significance of this partnership, stating, “We’re merging Ledger’s unwavering security with PayPal’s expertise in safeguarded payment technology to establish a cohesive platform for users engaging in crypto transactions. Ledger’s commitment to simplifying the crypto landscape aligns with PayPal’s mission to ensure money movement is effortless, dependable, and accessible.”
As of now, Ledger Live provides access to four prominent cryptocurrencies in the United States: Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and Litecoin (LTC). The addition of PayPal integration to the app’s functionalities further broadens the range of payment options available to users.
This announcement underscores PayPal’s continued efforts to extend its presence within the cryptocurrency ecosystem. The company recently introduced its own stablecoin, PayPal USD (PYUSD), as part of its strategy to contribute to the growth of digital payments. This move signals PayPal’s dedication to embracing and advancing the digital financial landscape.
Our mission has always been to build ease-of-use and security for critical digital assets.
That's why we're integrating @PayPal into Ledger Live.
You can now buy crypto with PayPal and get it into your custody.
— Ledger (@Ledger) August 16, 2023
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