Ledger has just announced it has partnered with PayPal to allow US users to purchase cryptocurrencies using an account on the payment service.
Crypto hardware wallet maker Ledger has just announced it has entered into a partnership with PayPal to allow US users to purchase cryptocurrencies using an account on the payment service.
According to the release, from now on, customers using the Ledger Live app will be able to transact without being identified if they have previously used PayPal.
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New users will be required to complete a KYC verification process.
Pascal Gauthier, CEO of Ledger, has said:
"Ledger is committed to simplifying the world of crypto, and PayPal is committed to making the movement of money as simple, secure, and affordable as possible."
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In the early stages, users will have access to Bitcoin, Ethereum, Bitcoin Cash and Litecoin.
Last August 7 the company announced the launch of the stablecoin PYUSD, pegged to the US dollar, based on Ethereum.