NEWS
MoonPay now lets users buy and sell crypto funded by PayPal
MoonPay , a Web3 infrastructure company , has announced a collaboration with PayPal that allows MoonPay users in the US to seamlessly buy cryptocurrency using their PayPal account .
The integration streamlines transactions for new MoonPay users who already have a PayPal account and use it for online transactions . When using PayPal , users can fund their cryptocurrency purchases by using their PayPal Balance , direct bank withdrawal or debit card – all without manually inputting the necessary information . MoonPay users also benefit from the safety of PayPal , which never shares full financial information for a transaction .
“ PayPal has always been at the forefront of revolutionising commerce globally ,” said MoonPay Co-founder and CEO , Ivan Soto-Wright . “ Now more than ever consumers are exploring different avenues of financial systems – whether that be crypto , retail investing or digital banking – and this partnership underscores our deep commitment to collaborating with trusted partners in the ecosystem to expand their access . By integrating
PayPal , we are enabling consumers to transact with crypto in an already familiar environment , and significantly lower the barrier to entry for new users .”
Revolut , the global FinTech with more than 40 million customers worldwide , has announced Revolut X – a standalone crypto exchange designed for professional crypto traders . Aimed at competing with other leading exchanges by offering easy on and off ramping and low fees , Revolut ’ s latest crypto offering marks an important next step in becoming the go-to financial app for crypto beginners and pros alike – providing them with a safe and accessible place to trade .
Following today ’ s launch , experienced crypto traders will – for the first time – be able to buy and sell more than 100 tokens through a desktop version of the new stand-alone exchange platform , which has been developed by the UK ’ s largest FinTech . Irrespective of trade volumes , Revolut X offers low flat fees of 0.00 % for the maker and 0.09 % for the taker . In addition to lower fees , existing Revolut customers will be able to take advantage of trading within the Revolut ecosystem – seamlessly switching from fiat to crypto , and back again , between Revolut X and their Revolut retail accounts .
Revolut launches a stand-alone crypto trading platform for experienced traders
monitoring tools , such as dashboards of top-traded tokens , gainers and top market cap coins .
Leonid Bashlykov , Head of Crypto Exchange Product at Revolut , said : “ We are excited by the introduction of our new crypto product , and believe this top-tier trading platform will change the game for experienced crypto traders , providing them with a safe and accessible place to trade .”
Revolut X traders , who must have a Revolut retail account to use the new exchange , will have access to real-time trading and advanced analytics , which are also included and designed to keep crypto pros updated on the latest market movements to help better inform their trades . Technical indicators and a full integration with TradingView charts enable various market
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