{"id":59153,"date":"2023-09-12T11:10:53","date_gmt":"2023-09-12T15:10:53","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=59153"},"modified":"2023-09-12T11:11:18","modified_gmt":"2023-09-12T15:11:18","slug":"paypal-allows-us-users-to-trade-cryptocurrencies-via-metamask","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/paypal-allows-us-users-to-trade-cryptocurrencies-via-metamask\/","title":{"rendered":"PayPal Allows US Users to\u00a0Trade Cryptocurrencies via MetaMask"},"content":{"rendered":"\n<p>PayPal integrates new methods for selling <a href=\"https:\/\/coinscreed.com\/staging\/a-guide-to-crypto-mining-from-bitcoin-to-altcoins.html\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin<\/a> and other cryptocurrencies as it expands its digital asset services.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/should-you-replace-your-bank-account-with-paypal-1024x576.webp\" alt=\"PayPal Allows US Users to\u00a0Trade Cryptocurrencies via MetaMask\" class=\"wp-image-59155\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/should-you-replace-your-bank-account-with-paypal-1024x576.webp 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/should-you-replace-your-bank-account-with-paypal-300x169.webp 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/should-you-replace-your-bank-account-with-paypal-768x432.webp 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/should-you-replace-your-bank-account-with-paypal-18x10.webp 18w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/should-you-replace-your-bank-account-with-paypal-750x422.webp 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/should-you-replace-your-bank-account-with-paypal-1140x641.webp 1140w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/should-you-replace-your-bank-account-with-paypal.webp 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>PayPal continues to extend its digital asset services, integrating new ways to sell Bitcoin and other cryptocurrencies.<\/p>\n\n\n\n<p>On September 11, PayPal introduced new <a href=\"https:\/\/newsroom.paypal-corp.com\/2023-09-11-PayPal-Introduces-On-and-Off-Ramps-for-Web3-Payments\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">on and off routes for Web3 payments<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a>, enabling users in the United States to convert their cryptocurrencies to USD directly from their wallets into their PayPal balance.<\/p>\n\n\n\n<p>The PayPal off ramp feature, which is live on MetaMask, is immediately accessible to wallets, decentralized applications, and nonfungible token (NFT) marketplaces.<\/p>\n\n\n\n<p>Customers will be able to purchase and sell multiple cryptocurrencies in the United States thanks to the new on-off ramp features.<\/p>\n\n\n\n<p>The <a href=\"https:\/\/coinscreed.com\/staging\/youtube-onboards-web3-friendly-exec-as-new-ceo.html\" target=\"_blank\" rel=\"noreferrer noopener\">YouTube<\/a> promotion video for PayPal's on and off ramps featured a screenshot of PayPal's interface that allows users to send 0.0015 BTC ($50) to an external wallet for a $5 network fee and a $2.2 transaction fee.<\/p>\n\n\n\n<p>The video didn't specify what wallet was used for the transaction. Notably, MetaMask does not support Bitcoin transactions on the BTC blockchain.<\/p>\n\n\n\n<p>The most recent rollout comes shortly after PayPal and Ledger, a leading provider of hardware wallets, partnered to offer a new on ramp integration in August 2023.<\/p>\n\n\n\n<p>The integration enabled verified PayPal users in the United States to purchase Bitcoin, Ether, Bitcoin Cash, and Litecoin directly on the hardware wallet using native Ledger Live software.<\/p>\n\n\n\n<p>In May 2023, as previously indicated, MetaMask began rolling out Ether purchases via PayPal for U.S. users.<\/p>\n\n\n\n<p>ConsenSys, the parent company of MetaMask, and PayPal initially collaborated in late 2022 to enable ETH transactions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PayPal integrates new methods for selling Bitcoin and other cryptocurrencies as it expands its digital asset services. PayPal continues to extend its digital asset services, integrating new ways to sell Bitcoin and other cryptocurrencies. On September 11, PayPal introduced new on and off routes for Web3 payments , enabling users in the United States to [&hellip;]<\/p>\n","protected":false},"author":56,"featured_media":59155,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[152,710,376,5100,174,353],"class_list":["post-59153","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-business","tag-cryptocurrencies","tag-metamask","tag-paypal","tag-wallet"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/should-you-replace-your-bank-account-with-paypal.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/59153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=59153"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/59153\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/59155"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=59153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=59153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=59153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}