PayPal enables US users to sell cryptocurrency via MetaMask wallet

Global payments giant PayPal continues to expand its digital asset services, integrating new methods for selling cryptocurrencies like Bitcoin. On September 11, PayPal introduced new on- and off-ramps for Web3 payments, allowing US users to convert their cryptocurrencies to US dollars directly from their wallets to their PayPal balance. According to the announcement, PayPal's exit feature is available immediately for wallets, decentralized applications, and non-fungible token markets and is available on MetaMask. The new features are designed to allow customers to buy and sell various cryptocurrencies in the United States. "Once integrated, web3 merchants can help grow their user base by connecting to PayPal's fast and seamless payments experience trusted by millions of people, while leveraging PayPal's robust security controls and tools for management. of fraud, chargebacks and disputes," PayPal said. A video on YouTube promoting PayPal's check-in and check-out features includes a screenshot of its interface showing a user sending 0.0015 BTC ($50) to an external wallet with a $5 network fee and a $2.19 transaction fee. The video does not specify which wallet was used for the transaction. It is worth noting that MetaMask does not support BTC transactions on the original Bitcoin blockchain.

Full story : PayPal allows US users to sell cryptocurrencies through the MetaMask wallet.

PayPal enables US users to sell cryptocurrency via MetaMask wallet

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