Buying Shiba Inu with PayPal
As a result of this partnership, PayPal users in the U.S. can now easily buy cryptocurrencies like Shiba Inu through the crypto payment processor MoonPay.
Furthermore, the report highlighted that the integration simplifies crypto acquisition for MoonPay customers who possess a PayPal account for online transactions. Specifically, when opting for PayPal, users can finance their crypto purchases using their PayPal balance, debit cards, or direct bank transfers.
Interestingly, existing PayPal users need not manually input any of these details during the crypto purchase transactions.
Notably, this development comes after growing anticipation from the Shiba Inu Army about PayPal welcoming SHIB payment. Now, MoonPay has created a window for users in the United States to seamlessly procure SHIB tokens with PayPal.
Other Buyable Tokens Via PayPal
Furthermore, MoonPay emphasized that U.S. users can leverage this new integration for over 110 supported cryptocurrencies. Crypto assets MoonPay supports include Shiba Inu, Bitcoin, Ethereum, Cardano, and Solana, which are all buyable via PayPal balance.
However, some assets the payment processor originally supports are not available for purchase through PayPal, as they are not accessible to users in the U.S. These include PEPE, BNB, Cosmos (ATOM), AAVE, UNI, and TON, among others.
