Metamask Partners with Paypal to Offer Users a New Way to Purchase Crypto Seamlessly
On Wednesday, Metamask, web3’s favorite Ethereum wallet, announced plans to launch a new partnership with payment giant Paypal, providing customers with a seamless crypto onramp.
The collaboration will roll out in the U.S. next week and is expected to onboard a new sector into the web3 space, as many have been hesitant to join the crypto community due to the difficulty of getting started.
“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.
Many in the web3 community are skeptical about the partnership due to Paypal’s history of locking its user’s funds for unwarranted and often confusing reasons.
What are your thoughts? Will you be using the new Paypal integration to purchase Ethereum? Let us know in the comments below. 👇🏽