Two of the most “trusted” brands in Web3 and payments integrate in order to help users explore crypto.
The teams at PayPal (NASDAQ:PYPL) and Ledger are pleased to announce “an on-ramp integration with PayPal, allowing users to explore crypto in a convenient, simple and secure way via the Ledger Live companion app.”
PayPal joins Ledger Live’s ‘Buy’ section “as a new payment method and ‘Buy’ provider.”
Currently, the PayPal integration is “available for U.S. users (subject to applicable state law).”
Whether a crypto expert or a newcomer to the world of digital currencies, the PayPal and Ledger Live integration “will provide a secure and user-friendly platform for buying crypto.”
When using PayPal through Ledger Live, Ledger users “in the US (subject to applicable state law) will be able to directly buy BTC, ETH, BCH and LTC using their linked PayPal account.”
Users who have purchased crypto “with a PayPal account can buy crypto in Ledger Live with no extra verification.” Purchases through PayPal will “be automatically sent to your Ledger hardware wallet similar to other Ledger Live options.”
If you already bought crypto with PayPal, simply follow these steps to make a purchase using Ledger Live.
Please note that if you don’t have a PayPal account or if you have never bought crypto with PayPal before, you will be “required to create a PayPal account or undergo a KYC verification.”
Pascal Gauthier, Chairman & CEO of Ledger, said:
“Both PayPal and Ledger are focused on creating secure, seamless, and fast transactions no matter where you are in the world. PayPal has remained at the forefront of the digital payment revolution for more than 20 years, and we are thrilled to come together in this next period of asset innovation with our integration. We’re combining the uncompromising security of Ledger with PayPal’s leadership in secure payments technology to help facilitate a secure and seamless platform for user crypto transactions. Ledger is committed to simplifying the world of crypto, and PayPal is committed to making the movement of money as simple, secure, and affordable as possible. This integration provides greater optionality while giving users peace of mind converting dollars into crypto.”
Ledger Live, with over 1.5 million active users, “empowers you to buy, sell, swap, stake, and lend your digital assets and explore the Internet of Value with ownership and security.”
With the Ledger Live app, you can also access “an ever-expanding list of DApps in the Discover section, with your private keys automatically safeguarded on your Ledger device.”