Introducing Buy with PayPal on MetaMask

Introducing Buy with PayPal on MetaMask
Blockchain News
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The parent company of metamask, consensys, has announced a new partnership with the payment giant, paypal, allowing users in the US to buy ethereum on their portfolio via paypal.

This comes several months after PayPal, in response to user demand, said it will begin to support the native transfer of cryptocurrencies between PayPal and other wallets and exchanges.

All the same, this partnership is one of the rare occasions when a web3 platform partners with one of the largest providers of financial services, paypal, to facilitate cryptocurrency purchases.

The service, which will be launched worldwide in "a few weeks", begins with users in the United States, except in other states like Hawaii. Lorenzo santos, head of product for metamask, told.

"This integration with paypal will enable our American users not to simply buy crypto seamlessly via metamask.”

"This integration with PayPal will allow our U.S. users to not just buy cryptography seamlessly through MetaMask.

To explore the Web3 ecosystem with ease."  

To add crypto to your METAMASK wallet with PayPal:

  • Login into the Mobile MetaMask App
  • Click or tap on the Buy button, then select ‘PayPal’
  • Enter the desired dollar amount worth of ETH to add to your wallet – you will be redirected to PayPal to log in
  • Buy your crypto via PayPal, or if you have enough ETH to complete the transaction, send it without buying more

How to work with PayPal in MetaMask.

'because the metamask wallet is compatible with all ethereum (evm) VM blockchains, this partnership will allow users to buy and hold many cryptocurrencies.how to use paypal within metamask  to add crypto to your metamask wallet with paypal:login into the mobile metamask appclick or tap on the buy button, Then select "paypal" and enter the desired amount in dollars of the eth to add to your portfolio. You will be redirected to paypal to log in and purchase your crypto with paypal, or if there is sufficient time to close the transaction, send without purchase moreyou managed to purchase crypto directly in metamask and can now explore web3 easily on the go!

Therefore, the integration of metamask and paypal is the latest in a series of steps to improve and diversify payment options for users in the metamask mobile application. The company started offering its users the ability to buy select cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, and Litecoin in 2021.

In June 2022, PayPal said it had been granted a full crypto license by the New York Department of Financial Services (NYDFS).

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