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Paypal upgrades Crypto Service
June 10, 2022
We are thrilled to announce that starting today, Paypal upholds the native transfer of cryptocurrency among Paypal and different wallets and exchanges.
“This feature has been consistently ranked by users as one of the most requested enhancements since we started offering the purchase of crypto on our platform,” the announcement adds.
The new feature is now available to choose U.S. clients, Paypal said, adding that it will be rolled out to all qualified U.S. users in the coming week.
Users can transfer supported cryptocurrencies to Paypal and move crypto away from the platform “to outer crypto addresses including exchanges and hardware wallets.” They can likewise send their coins to their family and friends on Paypal “with no fees on network charges to send or receive,” the organization detailed.
Right now, Paypal upholds four c:ryptocurrencies bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), and litecoin (LTC).
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