PayPal to allow users to withdraw cryptocurrency to third-party wallets

2021-05-27 15:00:00

Payment service provider PayPal reportedly revealed that it will allow users to transfer digital assets to third-party wallets on Wednesday.

This signals that PayPal and Venmo users will be able to send bitcoin to users within the platform and withdraw to platforms such as Coinbase and external cryptocurrency wallets. However, PayPal has not yet revealed when it will open up the crypto withdrawal feature. (TechWeb)

PayPal cryptocurrency bitcoin

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