PayPal Working With Crypto Wallet MetaMask to Offer Easy Way to Buy Crypto - The first knowledge sharing application in Vietnam

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.

The launch follows PayPal’s push to enable crypto transfers between its own platform and several popular crypto exchanges in June. The fintech company debuted its crypto purchase, sell and hold service in October 2020.

Select U.S. customers can access the new offering beginning today as PayPal works to roll out the service to the rest of its U.S. customers over the next few weeks.

“This integration with PayPal will allow our U.S. users to not just buy crypto seamlessly through MetaMask, but also to easily explore the Web3 ecosystem,” said ConsenSys product manager Lorenzo Santos in the press release.

MetaMask intends the offering to help bring more users into the Web3 ecosystem at a time when the sector is looking for a way forward during the crypto winter.

According to a press release, the partnership between the payments firm and MetaMask developer ConsenSys is intended to enable users to select their PayPal accounts as a payment option to buy ether (ETH) from within the MetaMask app. The offering is designed to facilitate seamless purchases and transfers of ether from PayPal to MetaMask.

PayPal will integrate its buy, sell and hold crypto services with MetaMask Wallet as the companies look to broaden users’ options to transfer digital assets from their platforms, the companies said Wednesday.

Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.