Crypto security firm Ledger has unveiled an integration that empowers customers in the United States to conveniently purchase cryptocurrencies such as Bitcoin, Ether and Litecoin using their PayPal accounts. In an official statement, the Paris-based blockchain company announced that users of its Ledger Live app in the US will have the opportunity, subject to “applicable state law,” to buy cryptocurrencies without the need for additional verification if they have previously acquired digital assets via PayPal.
Highlighting a shared commitment to secure and swift transactions, Pascal Gauthier, Chairman and CEO of Ledger, emphasized the collaborative effort between Ledger and PayPal to provide users with a seamless experience regardless of their geographical location. Gauthier noted, “Ledger is committed to simplifying the world of crypto and PayPal is committed to making the movement of money as simple, reliable, and affordable as possible.”
Both Ledger and PayPal have been actively broadening their involvement in the cryptocurrency space. PayPal recently introduced a stablecoin specific to the US market, while Ledger launched Tradelink, a trading network tailored for institutional players.
Having been established in 2014 and renowned for its hardware wallets, Ledger stands as one of Europe’s prominent crypto enterprises. This latest integration between Ledger and PayPal underlines the ongoing efforts to enhance accessibility and convenience for individuals looking to enter the crypto market through well-established platforms.
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