MoonPay, a leading cryptocurrency platform, has announced a partnership with PayPal to enable customers to use the payment service to buy cryptocurrencies. This integration will allow MoonPay customers to use their PayPal account to purchase cryptocurrencies through the platform.

The service will be rolled out gradually over the coming weeks in the UK and EU, with the exception of Croatia, Hungary, and Iceland, where PayPal payments will not be available. The feature was previously tested in the US, where it has been made available to all users.

MoonPay aims to improve and simplify the user experience by allowing customers to pay for cryptocurrencies using PayPal. Customers can use their PayPal balance or linked bank account to make payments. The feature has already been integrated with existing partners such as Uniswap and Phantom decentralized exchanges.

Since its founding in 2019, MoonPay has grown to become a prominent cryptocurrency company, backed by notable investors like Bruce Willis, Justin Bieber, and Drake. This partnership with PayPal is a significant step forward in making cryptocurrency transactions more accessible and convenient for users.

With this integration, MoonPay customers can now seamlessly purchase cryptocurrencies using PayPal, making it easier for new users to enter the world of cryptocurrency trading. The partnership is expected to further solidify MoonPay's position as a leading player in the cryptocurrency industry.

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