Payments giant Paypal will soon allow its users to transfer cryptocurrencies away from its platform to third-party wallets, the company’s head of cryptocurrency reportedly revealed. Paypal has been seeing tremendous growth in its crypto business.
Paypal to Support Crypto Transfers to Third-Party Wallets
Jose Fernandez da Ponte, Paypal’s head of cryptocurrency, said during the Consensus 2021 conference Wednesday that his company will soon start allowing cryptocurrency withdrawals to third-party wallets. He explained:
We want to make it as open as possible and we want to give choice to our consumers … They want to bring their crypto to us so they can use it in commerce, and we want them to be able to take the crypto they have bought with us and take it to the destination of their choice.
The change will allow Paypal users to transfer their cryptocurrencies away from the platform to third-party wallets.
Currently, Paypal’s terms and conditions for its crypto service state that “
Źródło: https://news.bitcoin.com/paypal-cryptocurrency-withdrawals-third-party-wallets/
