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PayPal allows transfer of crypto with external wallets

Published by
Reuters UK

(Reuters) -PayPal Holdings Inc 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 U.S. users starting on Tuesday and will be rolled out to all eligible U.S. customers in the coming months, the San Jose, California-based company said. PayPal started allowing customers to buy, sell and hold bitcoin, ethereum, bitcoin cash and litecoin in October 2020. But users were not allowed to move crypto holdings off its platf…

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