PayPal adds option to withdraw Bitcoin and other cryptocurrencies to third-party wallets
June 7, 2022
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PayPal payment company has opened the possibility of transferring cryptocurrencies between accounts and withdrawing them to third-party wallets. This is reported on the company’s website. The ability to
PayPal payment company has opened the possibility of transferring cryptocurrencies between accounts and withdrawing them to third-party wallets. This is reported on the company’s website.
The ability to send Bitcoin, Ethereum, Bitcoin Cash and Litecoin to various addresses is currently available for select US users. Option support for all US customers will appear in the coming weeks.
Application interface with new options. Data: PayPal.
The company has also obtained a BitLicense from the Financial Services Authority (NYDFS) to work with New York State residents.
Earlier, PayPal Vice President Richard Nash said that the company is making every effort to integrate blockchain and cryptocurrencies into its services.
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