PayPal Lets Users Transfer Bitcoin and Ethereum to External Wallets
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PayPal announced Tuesday that crypto users can now move funds off its platform. The move will make the company's offering more like other popular cryptocurrency services. The ability to conduct external transfers on PayPal's crypto platform will start rolling out to users today and be available to everyone in the U.S. in the next week or two. A PayPal executive said the company is taking the long view when it comes to pursuing a crypto strategy. It's unclear for now how much crypto is contributing to PayPal's bottom line, especially as the company doesn't disclose how many people are using its Bitcoin and Ethereum service. Source