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On Wednesday, Ledger, the manufacturer of hardware wallets, revealed a new collaboration with the renowned payment platform PayPal. This exciting partnership enables users to conveniently purchase cryptocurrencies within the Ledger Live app using their PayPal accounts.
Ledger Live empowers users to purchase cryptocurrencies using traditional fiat currency and seamlessly transfer tokens directly to their hardware wallet. With the seamless incorporation of PayPal, users can now effortlessly connect their PayPal accounts without the need for additional verification steps.
“We’re combining the uncompromising security of Ledger with PayPal's leadership in protected payments technology to help facilitate a seamless platform for user crypto transactions,” Ledger CEO Pascal Gaithier said in a statement. “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.”
Ledger Live presently provides access to four cryptocurrencies within the United States: bitcoin (BTC), ether (ETH), bitcoin cash (BCH), and litecoin (LTC).
The declaration signifies yet another significant step by PayPal into the realm of cryptocurrency.
Earlier this month, the prominent payments company unveiled its very own stablecoin, named PayPal USD (PYUSD), with the aim of actively fostering the expansion of digital payment methods.
