PayPal: cryptocurrencies are the future of the financial system

Digital assets and blockchain will revolutionize the financial system. This was stated by the head of PayPal Dan Shulman inas part of the Axis Tel Aviv 2022 event, writes CTech.

“Most people think about buying/selling cryptocurrencies and what the price of bitcoin will be tomorrow. […] For me, digital currencies are an asset class […] it is their usefulness in payments”,- said the top manager.

In Shulman's vision, the financial system of the future will be the intersection of CBDCs, stablecoins, digital wallets, and cryptocurrencies.

To recap, PayPal formed a cryptocurrency advisory council in February.

Previously, the company opened the opportunitypurchases/sales of Bitcoin and several other cryptocurrencies for US users. In April 2021, PayPal-owned mobile payment service Venmo launched a similar service.

It was reported that the company is considering plans to launch its own stablecoin, as well as a crypto wallet.

Where is it more profitable to buy cryptocurrency? 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	Huobi	https://huobi.com	7.4
3	Exmo	https://exmo.me	6.9
4	OKEx	https://okex.com	6.5
5	Bybit	https://bybit.com	6.3

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.
• Additional features and services— futures, options, staking, NFT marketplace.
• 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.
• final grade– the average number of points for all indicators determines the place in the ranking.

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