OKX Taps PayPal to Boost Crypto Access for Users Across Europe
The post OKX Taps PayPal to Boost Crypto Access for Users Across Europe appeared on BitcoinEthereumNews.com. Key Notes OKX now allows users in the European Economic Area to fund accounts and buy crypto using PayPal. The integration launch includes a one-month campaign with zero fees for all PayPal transactions. This move leverages OKX’s full MiCA license, secured in Feb. 2025, to operate across the EU. One of the top crypto exchanges, OKX, has integrated PayPal as a payment method for users across the European Economic Area (EEA). The development, announced on July 14, aims to make digital asset purchases more accessible and secure for a mainstream audience. The partnership allows customers to fund their accounts and directly purchase assets like Bitcoin BTC $121 325 24h volatility: 2.9% Market cap: $2.41 T Vol. 24h: $39.72 B using their PayPal balance, linked bank accounts, or cards. According to a company announcement, the goal is to leverage PayPal’s reputation as a trusted payment provider to lower the barrier to entry for new users. Erald Ghoos, General Manager of OKX Europe, highlighted that the partnership is focused on delivering a smooth experience that caters to the changing demands of its users. The choice of PayPal as a partner is strategic given its scale. The platform’s direct involvement in crypto is significant; in 2024, PayPal held over $2.85 billion in digital assets on behalf of its customers. This demonstrates a pre-existing level of trust from millions of users already engaging with crypto through PayPal’s ecosystem. MiCA Compliance Paves the Way for Expansion This strategic move is built on the foundation of OKX’s full Markets in Crypto-Assets (MiCA) license, which it secured in February 2025. The MiCA framework provides a unified set of rules for the digital asset industry across the EU, focusing on market integrity and consumer protection. By obtaining its license through its European headquarters in Malta, OKX can “passport”…
The post OKX Taps PayPal to Boost Crypto Access for Users Across Europe appeared on BitcoinEthereumNews.com.
Key Notes OKX now allows users in the European Economic Area to fund accounts and buy crypto using PayPal. The integration launch includes a one-month campaign with zero fees for all PayPal transactions. This move leverages OKX’s full MiCA license, secured in Feb. 2025, to operate across the EU. One of the top crypto exchanges, OKX, has integrated PayPal as a payment method for users across the European Economic Area (EEA). The development, announced on July 14, aims to make digital asset purchases more accessible and secure for a mainstream audience. The partnership allows customers to fund their accounts and directly purchase assets like Bitcoin BTC $121 325 24h volatility: 2.9% Market cap: $2.41 T Vol. 24h: $39.72 B using their PayPal balance, linked bank accounts, or cards. According to a company announcement, the goal is to leverage PayPal’s reputation as a trusted payment provider to lower the barrier to entry for new users. Erald Ghoos, General Manager of OKX Europe, highlighted that the partnership is focused on delivering a smooth experience that caters to the changing demands of its users. The choice of PayPal as a partner is strategic given its scale. The platform’s direct involvement in crypto is significant; in 2024, PayPal held over $2.85 billion in digital assets on behalf of its customers. This demonstrates a pre-existing level of trust from millions of users already engaging with crypto through PayPal’s ecosystem. MiCA Compliance Paves the Way for Expansion This strategic move is built on the foundation of OKX’s full Markets in Crypto-Assets (MiCA) license, which it secured in February 2025. The MiCA framework provides a unified set of rules for the digital asset industry across the EU, focusing on market integrity and consumer protection. By obtaining its license through its European headquarters in Malta, OKX can “passport”…
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