March 28, 2024

PayPal buys cryptocurrency storage service Curv

PayPal buys cryptocurrency storage service Curv

Last week, the media reported PayPal's intention to acquire the developer of the storage servicecryptocurrencies Curv.The journalists found out that negotiations between the giant and the Israeli crypto startup are in full swing. However, the top management of PayPal was silent until the beginning of this week and refrained from any comments.

Last Monday, the financial company issued a statement in which it confirmed preparations for a deal to buy the team that developed the custodian service.

PayPal Vice President Hoe Fernandez da Ponte emphasized:

«The purchase of Curv became part of our strategyon investing in technology and talent as part of modernizing the financial system. During our conversations with the Curv team, we were amazed by the talent, as well as the entrepreneurial spirit and mindset behind the technology. We are pleased to welcome the Curv team to PayPal.

Recall that back in October last year, the company announced the launch of a service for operations with digital currencies.

PayPal top managers plan to complete the deal to buy the startup by the middle of this year.

However, the press service of the company still refuses to disclose the amount of this transaction, but emphasizes that with such an acquisition, it wants to gain a foothold in the digital asset market.

Where is it more profitable to buy bitcoin? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Bybit https://bybit.com 7.5
3 OKEx https://okex.com 7.1
4 Exmo https://exmo.me 6.9
5 Huobi https://huobi.com 6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • Platform Features– availability of additional features — futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

PayPal buys cryptocurrency storage service Curv

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