Crypto.com Partners with PayPal to Simplify US Cryptocurrency Purchases
30.08.2024 13:00 1 min. read Alexander Stefanov
Crypto.com, a major cryptocurrency platform with over 100 million users, has unveiled a partnership with PayPal.
This collaboration allows users in the US to connect their PayPal accounts with Crypto.com wallets, simplifying the process of buying cryptocurrencies through the platform.
US Customers: You can now use @PayPal to fund purchases of crypto in the https://t.co/vCNztATSCO App, taking us one step closer to our vision of cryptocurrency in every wallet!
👛 Supports 350+ tokens
⚡ Direct and instant processing🌎 Coming soon to other regions!
Simply add… pic.twitter.com/ExkWxnlERg
— Crypto.com (@cryptocom) August 29, 2024
With this integration, users can transfer funds from PayPal to Crypto.com and purchase various digital assets available in the US market. Expansion to other regions is expected soon.
Eric Anziani, Crypto.com’s President and COO, highlighted the importance of merging traditional and digital payment systems, noting that the partnership with PayPal enhances the ease and safety of cryptocurrency transactions.
Jose Fernandez da Ponte, PayPal’s Senior Vice President of Blockchain, Cryptocurrency, and Digital Currencies, emphasized PayPal’s commitment to offering users more choices, stating that this collaboration is a key step in that direction.
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