Ledger announces U.S. PayPal integration, lets users buy crypto from within app

Hardware wallet shaper Ledger has integrated its Ledger Live bundle with PayPal, according to an Aug. 16 associated announcement by the 2 companies. The integration allows U.S. residents with verified PayPal accounts to bargain Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH) and Litecoin (LTC) straight done Ledger Live with nary other verification, the announcement stated.

Ledger Live bundle and device. Source: Ledger

Ledger Live antecedently allowed users to bargain crypto done partners MoonPay, Transak, Ramp, Simplex, Loopipay and Mercuryo. PayPal is the newest summation to this list. When a idiosyncratic purchases crypto done PayPal via Ledger Live, it is instantly sent to the user’s wallet, and nary “withdrawal” process needs to beryllium initiated by the user, the announcement stated.

Ledger president and CEO Pascal Gauthier claimed that combining Ledger Live with PayPal volition marque crypto transactions simpler portion besides not compromising connected security:

“We’re combining the uncompromising information of Ledger with PayPal's enactment successful protected payments exertion to assistance facilitate a seamless level for idiosyncratic crypto transactions. Ledger is committed to simplifying the satellite of crypto and PayPal is committed to making the question of wealth arsenic simple, reliable and affordable arsenic possible.”

Ledger claims to person sold implicit 3 cardinal Ledger Nano S hardware wallets since 2016, making it 1 of the apical hardware wallet manufacturers. It came nether immoderate contention successful May, erstwhile it launched a concealed betterment operation retention work that led to disorder among users. The squad aboriginal attempted to hose down disapproval by clarifying however their wallet works.

PayPal announced connected Aug. 7 that it is launching a stablecoin called PYUSD, but the Aug. 15 announcement does not database PYUSD arsenic 1 of the coins that volition beryllium disposable connected Ledger Live conscionable yet.

Collect this nonfiction arsenic an NFT to sphere this infinitesimal successful past and amusement your enactment for autarkic journalism successful the crypto space.