MoonPay has exciting news for cryptocurrency enthusiasts in the U.S.! Now, users can easily buy and sell over 110 cryptocurrencies through PayPal, thanks to a recent integration.

Integrating cryptocurrency transactions within the PayPal app can help users navigate around banking restrictions that often hinder such purchases. MoonPay spokesperson highlighted that these restrictions frequently lead to failed direct debit card transactions for cryptocurrencies. By partnering with PayPal, MoonPay aims to improve the success rate of these transactions, providing a more seamless experience for users.

Moreover, MoonPay emphasized that PayPal users can now purchase cryptocurrencies without sharing their personal or card information directly with MoonPay. This streamlined process enhances user privacy and security.

Previously, PayPal customers had the option to buy popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC). However, with the collaboration with MoonPay, the range of available cryptocurrencies has expanded to include Solana (SOL), Tether (USDT), Dogecoin (DOGE), Cardano (ADA), and Polygon (MATIC), among others.

With this new integration, customers across all 50 states in the U.S. can now purchase cryptocurrencies directly through the PayPal platform using their account balances, direct bank withdrawals, or debit cards. Currently, half of PayPal’s U.S. users have access to this enhanced functionality.

Stay tuned for more updates on cryptocurrency news and developments on Global Crypto News!

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