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news-imageSeptember 11, 2024

PayPal and Venmo Incorporate ENS for Effortless Crypto Transfers

PayPal and Venmo integrate Ethereum Name Service (ENS) into their payment platforms. The new feature on PayPal and Venmo is expected to enhance crypto adoption by mainstream users.
Publisher: TheNewsCrypto
Sentiment: Positive
ENS

More News Articles

Positive
cover-imageThe Daily Hodl
September 12, 2024

PayPal and Venmo To Offer Support for Ethereum Name Service (ENS) Starting With Users in the US

Two prominent payment platforms are offering their support for Ethereum Name Service (ENS) domains. In a new thread on the social media platform X, payment giants PayPal and Venmo are now supporting the ENS domain naming service, which allows users to forgo having to use complicated crypto wallet addresses and instead adopt a representative username.

Positive
cover-imageTokenpost
September 10, 2024

PayPal, Venmo Streamline Crypto Transfers by Adding Ethereum Name Service (ENS)

PayPal and Venmo have integrated Ethereum Name Service (ENS) into their platforms, allowing users to send and receive crypto using human-readable usernames instead of complicated wallet addresses, improving transaction accuracy and ease. PayPal and Venmo Integrate ENS for Crypto Transactions A press release from ENS Labs states that the new capability makes managing wallet addresses easier and less prone to errors.

Positive
cover-imageCoingape
September 10, 2024

PayPal, Venmo Embrace Ethereum Name Service (ENS) for Crypto Payments

US payment processors PayPal and Venmo have integrated support for Ethereum Name Service, allowing users to send cryptocurrency payments to ENS usernames. According to ENS Labs press release, the new feature streamlines the management of wallet addresses and minimizes the potential for mistakes, as stated by the companies.

Positive
cover-imageCrypto Economy
August 20, 2024

Introducing Basenames on Base: ENS Subnames Now Available Through Dutch Auction

TL;DR Simplified Wallet Addresses: Coinbase's Base network introduces “Basenames” using ENS to convert complex wallet addresses into easy-to-remember names, enhancing user interaction. Fair Dutch Auction: Basenames are available through a Dutch auction starting at 100 ETH, decreasing to 0.39 ETH over 36 hours, ensuring fair access and preventing bot monopolization.

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