PayPal allows transfers of crypto with external wallets

US-based PayPal said on Tuesday it will now allow users to transfer cryptocurrencies including bitcoin to external wallets, nearly two years after the fintech giant opened up its platform to digital currencies.

The feature will be available to select US users starting on Tuesday and will be rolled out to all eligible US customers in the coming months, the San Jose, California based company said.

PayPal started allowing customers to buy, sell and hold bitcoin, bitcoin cash and litecoin in October 2020. But users were not allowed to move crypto off the platforms earlier.

Since last year, the crypto market is seeing a surge in investment and blue-chip companies are doubling their crypto investments. Although, the prices of these currencies have suffered following the inflation all around.




Readers like you help support The Tech Outlook. When you make a purchase using links on our site, we may earn an affiliate commission. We cannot guarantee the Product information shown is 100% accurate and we advise you to check the product listing on the original manufacturer website. Thetechoutlook is not responsible for price changes carried out by retailers. The discounted price or deal mentioned in this item was available at the time of writing and may be subject to time restrictions and/or limited unit availability. Amazon and the Amazon logo are trademarks of Amazon.com, Inc. or its affiliates Read More

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More