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Bitstamp now supports PayPal, Apple Pay and Google Pay: what you need to know

By:
on Oct 28, 2022
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  • PayPal, Apple Pay and Google Pay are on Bitstamp, adding to bank transfer and credit card as payment methods.
  • Bitstamp’s support for PayPal makes it easy and faster for customers to buy crypto.
  • Bitstamp does not currently support withdrawals to PayPal

Bitstamp, Europe’s largest crypto exchange recently ranked the top-rated centralized cryptocurrency exchange (CEX) in the world in CryptoCompare’s latest Exchange Benchmark report, now supports PayPal (NASDAQ: PYPL), Apple Pay and Google Pay wallets as of October 17.

As reported by Invezz, Bitstamp previously added support for Shiba Inu (SHIB) for its non-US customers in June this year, and the latest move follows massive demand by US customers as the popular Doge-inspired crypto continues to grow.

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Bistamp adds support for PayPal after Google Pay and Apple Pay

PayPal is the latest payment method on the exchange, and one of the key integrations given the payments service provider’s global reach that counts over 325 million accounts.

Apple Pay and Google Pay, which Bitstamp announced support for in late August this year, have more than 500 million and over 150 million users worldwide respectively.

Bitstamp on the other hand has over 4 million users across 100+ countries, meaning that the addition of PayPal, now means that millions more can buy Bitcoin with Apple Pay or any of the supported wallets by quickly funding their accounts. It also means that Bitstamp supports the leading wallet apps as well as bank transfer and credit card.

Visit Bitstamp to learn more about the latest developments

Using PayPal on Bitstamp

Millions of people can now easily and conveniently buy Bitcoin and other cryptocurrencies from anywhere in the world on Bitstamp, thanks to the top exchange’s support for PayPal.

PayPal customers can instantly purchase crypto with PayPal by going to the Deposit page on Bitstamp and clicking on Buy with PayPal or the Direct Crypto Purchase.

Users will have to log into their PayPal account to authorize the first transaction, and can buy crypto worth up to $2,500. Bitstamp also supports this daily limit for Euro and Sterling Pound-denominated PayPal accounts.  First-time purchases using PayPal enjoy 0% trading fee with volumes of up to $1,000.

Bitstamp will initially only support deposit, but expects to add withdrawals to PayPal in the near future.