{"id":137904,"date":"2023-09-02T04:50:54","date_gmt":"2023-09-01T23:20:54","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=137904"},"modified":"2023-09-02T04:50:54","modified_gmt":"2023-09-01T23:20:54","slug":"ledger-adds-paypal-as-on-ramp-for-bitcoin-ethereum-purchases-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/ledger-adds-paypal-as-on-ramp-for-bitcoin-ethereum-purchases-crypto-news\/","title":{"rendered":"Ledger Adds PayPal as On-Ramp for Bitcoin, Ethereum Purchases &#8211; Crypto News"},"content":{"rendered":"<div style=\"position:relative;overflow:visible;font-size:1.2em;line-height:1.58\">\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:sm:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">Hardware crypto wallet provider Ledger is launching a new on-ramp solution with PayPal.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:sm:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">Owners of a Ledger Wallet can now use their PayPal accounts to acquire cryptocurrencies like <span class=\"link\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/decrypt.co\/resources\/what-is-bitcoin-four-minute-instant-guide-explainer\" class=\"sc-adb616fe-0 ePvUAp\">Bitcoin<\/a><\/span>, <span class=\"link\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/decrypt.co\/resources\/what-is-ethereum-quickly-explained-four-minute-guide\" class=\"sc-adb616fe-0 ePvUAp\">Ethereum<\/a><\/span>, <span class=\"link\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/decrypt.co\/resources\/bitcoin-cash\" class=\"sc-adb616fe-0 ePvUAp\">Bitcoin Cash<\/a><\/span>, and <span class=\"link\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/decrypt.co\/resources\/litecoin\" class=\"sc-adb616fe-0 ePvUAp\">Litecoin<\/a><\/span>. Those acquisitions will be instantly transferred to their Ledger wallets, eliminating intermediary steps.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:sm:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">For users who&#8217;ve transacted cryptocurrency using PayPal before, purchases in Ledger Live require no additional verification. It&#8217;s designed with both the crypto novice and the expert in mind.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:sm:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">\u201cRather than using non-secure browser wallets or holding their funds on exchanges, users can combine the ease of use they want with the security they need,\u201d a Ledger spokesperson told <i>Decrypt<\/i>.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:sm:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">Ledger users previously had options such as MoonPay, Wyre, or Coinify for on-ramp solutions. However, incorporating a significant player like PayPal marks a noteworthy milestone for the French firm.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:sm:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">In a statement, Pascal Gauthier, Chairman &amp; CEO of Ledger, highlighted Ledger\u2019s dedication to demystifying the crypto landscape.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:sm:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">\u201cBoth PayPal and Ledger prioritize delivering secure, efficient, and rapid transactions globally,&#8221; said Ledger CEO Pascal Gauthier. \u201cWith over two decades leading the digital payment evolution, PayPal&#8217;s expertise complements our mission in this new era of asset advancement through our integration.&#8221;<\/p>\n<p><span class=\"\" \/><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:sm:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">\u201cWhether you\u2019re new to crypto and want a trusted provider to enter the space, or you\u2019re already in the space and want an easy way to buy crypto and immediately secure it in your Ledger, this will be a great feature for you,\u201d the Ledger spokesperson said.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:sm:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">Ledger has teased that additional features arising from this collaboration with PayPal are on the horizon, set to be disclosed in the coming months.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:sm:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">Facing competition from emerging powerhouses like Block<span style=\"font-weight:400\">\u2013<\/span>established by ex-Twitter CEO Jack Dorsey<span style=\"font-weight:400\">\u2013<\/span>as well as new financial ventures by Apple and Google, PayPal appears to be ramping up its pace in the crypto arena.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:sm:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">Recently, they even unveiled the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/decrypt.co\/151586\/payments-giant-paypal-launches-dollar-pegged-stablecoin\" class=\"sc-adb616fe-0 ePvUAp\">PayPal USD<\/a> (PYUSD) stablecoin, deployed on Ethereum.<\/p>\n<div class=\"my-4 border-b border-decryptGridline\">\n<div class=\"text-left p-8 md:py-12 md:px-12 max-w-prose relative\"><span class=\"border-t-4 border-l-4 w-4 h-4 md:border-t-[6px] md:border-l-[6px] md:w-6 md:h-6 border-decryptPurple dark:border-decryptNeon gg-dark:border-cc-pink-2 absolute top-4 left-4 md:top-6 md:left-6\" \/><span class=\"border-t-4 border-l-4 w-4 h-4 md:border-t-[6px] md:border-l-[6px] md:w-6 md:h-6 border-decryptPurple dark:border-decryptNeon gg-dark:border-cc-pink-2 absolute rotate-180 bottom-4 right-4 md:bottom-6 md:right-6\" \/><\/p>\n<h3 class=\"font-akzidenz-grotesk font-bold text-xl md:text-3xl mb-6 md:text-center gg-dark:text-white\">Stay on top of crypto news, get daily updates in your inbox.<\/h3>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hardware crypto wallet provider Ledger is launching a new on-ramp solution with PayPal. Owners of a Ledger Wallet can now use their PayPal accounts to acquire cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. Those acquisitions will be instantly transferred to their Ledger wallets, eliminating intermediary steps. For users who&#8217;ve transacted cryptocurrency using PayPal before, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":137905,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-137904","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/137904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=137904"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/137904\/revisions"}],"predecessor-version":[{"id":148266,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/137904\/revisions\/148266"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/137905"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=137904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=137904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=137904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}