Hardware wallet company Ledger announced its new partnership with PayPal in a major highlight on August 16th. Thanks to this partnership, verified US PayPal users can now purchase cryptocurrencies such as Bitcoin, Ether, Bitcoin Cash and Litecoin directly through Ledger Live, without additional verification.
Previously, Ledger Live provided the opportunity to purchase cryptocurrency through partners such as #MoonPay , #Transak and others. Now PayPal is a new and significant addition to this list. The main benefit is that once cryptocurrency is purchased via #PayPal on Ledger Live, it is instantly sent to the user's wallet, eliminating the need for additional actions on the user's part.
Pascal Gauthier, chairman and CEO of #Ledger , emphasized that combining Ledger Live with PayPal will simplify the cryptocurrency transaction process without compromising on security. He stated: “We are combining Ledger's unwavering security with PayPal's leadership in secure payments to help provide a seamless platform for users' cryptocurrency transactions.