For crypto enthusiasts across the world, traditional exchanges like Coinbase, Binance and Kraken have long been the go-to platforms for the buying and selling of digital assets for fiat currencies. These online destinations have facilitated much of the crypto trading that has been undertaken since the digital currency market went mainstream in the late 2010s, with the total tracked crypto exchange reserves now estimated to stand at a massive $269 billion. However, following fintech giant PayPal’s recent arrival on the scene following their announcement in 2024 to begin allowing the buying, holding and selling of cryptocurrency, it appears as though the market dynamics may be shifting. Considering this, let’s compare PayPal to the more traditional crypto exchanges. What are the advantages and limitations of each and importantly, how does this impact the user experience.
PayPal
Advantages
While PayPal are certainly new to the crypto exchange scene, they have been indus
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