MoonPay has announced that it will work with PayPal for U.S. users, an important move forward in the world of cryptocurrency transfers. Thanks to this partnership, users can now easily buy and sell more than 110 cryptocurrencies through the PayPal app.
The connection solves a problem that many cryptocurrency fans have: banking rules often make it impossible to use a debit card to buy cryptocurrency. MoonPay’s relationship with PayPal gives users a way around this problem and makes buying cryptocurrencies easier.
A spokesperson for MoonPay said that working together with PayPal makes cryptocurrency purchases much more likely to go through because it uses the same payment method in a better way.
The integration also makes buying easier because users don’t have to immediately give MoonPay their personal or card information. Thanks to this update, PayPal users who want to buy cryptocurrencies will have a smoother and safer banking experience.
MoonPay Integration Opens Doors to Expanded Cryptocurrency Selection on PayPal Platform
Bitcoin (BTC), Ethereum (ETH), PayPal USD (PYUSD), Bitcoin Cash (BCH), and Litecoin (LTC) were the only cryptocurrencies that PayPal customers could use in the past. But now that MoonPay is integrated, more cryptocurrencies are available, such as Solana (SOL), Tether (USDT), Dogecoin (DOGE), Cardano (ADA), Polygon (MATIC), and many more.
With the release, MoonPay is also adding support for users in all 50 states, which is good news for cryptocurrency fans all over the US. In other words, customers can now easily buy cryptocurrencies through PayPal using their existing funds, direct bank payments, or debit cards.
The most recent update shows that half of PayPal’s U.S. users now have access to this improved feature. This is a big step toward making cryptocurrencies easier for regular banking systems.
