PayPal is now allowing users to transfer to cryptocurrency wallets

[Magnus2022]

PayPal is now allowing United States account holders to transfer to cryptocurrency wallets. According to the source, PayPal is still experimenting on the new features. Therefore, before two years now, everybody that have PayPal account can be able to transfer money from PayPal to cryptocurrency wallets.
PayPal is one of the major critics of cryptocurrency but recent happening have shown that cryptocurrency is here with us. PayPal to remain relevant have no option but to add cryptocurrency features to their platform.

 

[Starmix]

Wow, that is good news for everyone especially those whose payment is sent through crypto. Let us hope that it could be done earlier. PP understood that accepting crypto could mean so much to them. They would have a high fee.

 

[IB D]

PayPal as a business entity is very pragmatic. They can see that it would be genuinely impossible to fight the crypto currency evolution and succeed. They put in flexibility and join the train.

 

[Niyi Briggs]

This is a case of PayPal recognizing the wave of innovation that cryptocurrency is bringing to the business clime. And adapting themselves to key in to this innovation. This is very reasonable of PayPal.

 

[Shavkat]

This is something new to ponder. If I have a crypto transaction, I will use this feature without not doubt. I will check it later and thanks for the information.

 

[capri]

I bet paypal is deducting a huge chunk of money in exchange for permitting these transactions. If anyone is aware of the fees involved, please share here to assist others in making informed decisions.

 

[Abdul01]

This is a great news, people have actually been wishing for this for long, this development will allow users withdraw their funds to their cryptocurrency wallet and not always to their bank.

 

[hastral45]

Whatever benefits or advantages PayPal izs offering its users, it is non of our concern in Nigeria. Despiteall our pleas to the management of PayPal to lift the ban on Nigeria, PayPal refused. It can only Allow Nigerians to send money in their account but cannot use same account to receive money.

 

[eldavis]

Probably they have gone though it all and they have seen that they would make more money by adding this as part of their services. Then again I can't use PayPal over here so am not excited in anyway about it.

 

[nomad]

I think Paypal allows US and UK users to buy crypto with funds, choose crypto during check out as well as transfer crypto to external wallets. Sadly, I am not based in the US or UK.

 

[fcbetting]

PayPal is taking chance in crypto market while Crypto, Binance and many others stop deposits in US since SEC start attack crypto exchange services like Binance. This affect on Bitcoin price.

 

[relcap23]

PayPal is now allowing United States account holders to transfer to cryptocurrency wallets. According to the source, PayPal is still experimenting on the new features. Therefore, before two years now, everybody that have PayPal account can be able to transfer money from PayPal to cryptocurrency wallets.
PayPal is one of the major critics of cryptocurrency but recent happening have shown that cryptocurrency is here with us. PayPal to remain relevant have no option but to add cryptocurrency features to their platform.

That's a good development. It goes to show that it's now considering crypto currency as one of the medium in internet business. Just want to know can we also send crypto to Paypal?

 

[Heatman]

PayPal is taking chance in crypto market while Crypto, Binance and many others stop deposits in US since SEC start attack crypto exchange services like Binance. This affect on Bitcoin price.

The simple truth is that it will be very hard to deny how relevant cryptocurrency is becoming in the world today and that is the reason why people have accepted it.

 

[Niyi Briggs]

This means that we can use the funds in our paypal accounts to buy crypto? This was just a matter of time and I even think paypal came to the party a little too late.