PayPal Integration Boosts Crypto Trading on MoonPay: New Opportunities for Bitcoin (BTC) and Ethereum (ETH)
- MoonPay, a popular cryptocurrency platform, has partnered with financial technology giant PayPal to expand its crypto trading services within the United States.
- This collaboration allows MoonPay users to purchase and sell over 100 cryptocurrencies, including Bitcoin and Ethereum, using various payment methods linked to their PayPal accounts.
- MoonPay CEO Ivan Soto-Wright highlighted the positive impact of the Moonpay Paypal integration on conversion rates.
MoonPay expands its crypto trading options by integrating PayPal transactions, offering users a wider selection of cryptocurrencies and improving transaction success rates.
MoonPay Partners with PayPal for Expanded Crypto Trading
MoonPay has announced a significant partnership with PayPal, allowing its users to buy and sell over 100 different cryptocurrencies using their PayPal accounts. This integration marks a significant milestone for MoonPay, as it becomes the first platform of its kind to incorporate PayPal, thus offering a wider selection of cryptocurrencies compared to platforms that only offer Ether or the PayPal USD stablecoin.
Impact of MoonPay-PayPal Integration
The integration of PayPal into MoonPay’s platform has already shown positive results. According to MoonPay CEO Ivan Soto-Wright, the success rate of transactions has seen a dramatic increase when users pay with PayPal using their debit or credit cards. This is a significant development considering that many traditional banks do not allow users to purchase crypto on debit/credit cards. The PayPal integration will initially be available through Moon... Read the full article for FREE at COINOTAG!
