After overwhelming demand, PayPal have finally introduced a new feature
You can now transfer cryptocurrency from your palpal accounts to other wallets and exchanges.
A PayPal executive in the crypto space says this feature was the most demanded from users since offering the purchase of crypto.
This means aPayPal customers can now transfer supported coins into PayPal.
You can also move crypto from its app to external crypto addresses including exchanges and hardware wallets and send crypto to other PayPal users “in seconds.”
Customers are responsible for network fees when they conduct external transfers, which depend on the blockchain and vary depending on the crypto asset.
PayPal gave its users the ability to buy, sell and hold crypto in October of 2020.