{"id":38227,"date":"2021-03-02T17:48:33","date_gmt":"2021-03-02T15:48:33","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=38227"},"modified":"2025-08-30T03:34:49","modified_gmt":"2025-08-30T00:34:49","slug":"ftx-adds-paypal-deposits-option","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ftx-adds-paypal-deposits-option\/","title":{"rendered":"FTX adds PayPal deposits option"},"content":{"rendered":"<p><span style=\\\"font-weight: 400;\\\">The cryptocurrency derivatives exchange FTX<\/span><span style=\\\"font-weight: 400;\\\"> has announced the addition of the PayPal system to its list of payment options<\/span><span style=\\\"font-weight: 400;\\\">.<\/span><\/p>\n<p><!--more--><\/p>\n<p><span style=\\\"font-weight: 400;\\\">CEO of the exchange, Sam Bankman-Fried<\/span><span style=\\\"font-weight: 400;\\\"> said that deposits would be \u201cinstant.\u201d They can be in \u201calmost any\u201d fiat currency, with a partner handling the conversion. Transfers can also be made using a credit card.<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">Bankman-Fried<\/span><span style=\\\"font-weight: 400;\\\"> warned that large payments via traditional channels can be cheaper than via<\/span><span style=\\\"font-weight: 400;\\\"> PayPal, but the funds will not arrive as quickly.<\/span><\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">1) you can now get *instant* fiat deposits on FTX<\/p>\n<p>2) you can now deposit *any currency*, more or less. Paypal converts for you.<\/p>\n<p>3) Paypal charges are fees! If you\u2019re doing a large transfer, wires are slower but cheaper.<\/p>\n<p>4) credit card deposits work through it! <a href=\\\"https:\/\/t.co\/Al1RtiE1xc\\\">https:\/\/t.co\/Al1RtiE1xc<\/a><\/p>\n<p>\u2014 SBF (@SBF_Alameda) <a href=\\\"https:\/\/twitter.com\/SBF_Alameda\/status\/1366614366435483651?ref_src=twsrc%5Etfw\\\">March 2, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async=\\\"async\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p><span style=\\\"font-weight: 400;\\\">Earlier PayPal CEO Dan Schulman<\/span><span style=\\\"font-weight: 400;\\\"> promised <a href=\"https:\/\/forklog.com\/en\/news\/paypal-ceo-crypto-trading-volume-through-the-app-exceeded-expectations\">to present an \u201cexpanded roadmap\u201d<\/a> in the context of blockchain and digital currencies. The company<\/span> <a href=\"https:\/\/forklog.com\/en\/news\/paypal-launches-bitcoin-buying-and-selling-for-us-users\"><span style=\\\"font-weight: 400;\\\">launched buying and selling Bitcoin<\/span><\/a><span style=\\\"font-weight: 400;\\\"> for US customers on November 12.<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">In February, Schulman said the company aimed to become<\/span> <a href=\"https:\/\/forklog.com\/en\/news\/paypal-chief-sets-sights-on-turning-the-company-into-a-digital-wallet-for-cbdcs\"><span style=\\\"font-weight: 400;\\\">a digital wallet for CBDCs<\/span><\/a><span style=\\\"font-weight: 400;\\\">.<\/span><\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forkloglive\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog FEED<\/a> \u2014 the full feed of news, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency derivatives exchange FTX has announced the addition of PayPal to its list of payment options.<\/p>\n","protected":false},"author":1,"featured_media":38228,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1236,182],"class_list":["post-38227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ftx","tag-paypal"],"aioseo_notices":[],"amp_enabled":true,"views":"10","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/38227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=38227"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/38227\/revisions"}],"predecessor-version":[{"id":38229,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/38227\/revisions\/38229"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/38228"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=38227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=38227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=38227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}