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FTX Adds PayPal Deposits


FTX Cryptocurrency Derivatives Exchange announced the addition of PayPal to the list of payment options

Exchange CEO Sam Bankman-Freed noted that the crediting of funds will be “instant”. They can be “almost any” fiat currency, the partner will convert them. Transfer is also possible using a credit card.

Bankman Freed warned that large payments through traditional channels may be cheaper than through PayPal, but the funds will not arrive as quickly.

Formerly the head of PayPal Dan Shulman promised submit an “extended roadmap” in the context of blockchain and digital currencies. Company launched buying and selling bitcoin for US customers on November 12th.

In February, Shulman announced the company’s ambition to become digital wallet for CBDC

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Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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