PayPal to allow crypto transfer to external wallets

<img width="250" height="151" src="https://www.leaprate.com/wp-content/uploads/2022/06/PayPal-Bitcoin-250×151.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="PayPal to allow crypto transfer to select US customers" style="float: left; margin-right: 5px;" link_thumbnail="" loading="lazy" srcset="https://www.leaprate.com/wp-content/uploads/2022/06/PayPal-Bitcoin-250×151.jpg 250w, https://www.leaprate.com/wp-content/uploads/2022/06/PayPal-Bitcoin-700×422.jpg 700w, https://www.leaprate.com/wp-content/uploads/2022/06/PayPal-Bitcoin-768×463.jpg 768w, https://www.leaprate.com/wp-content/uploads/2022/06/PayPal-Bitcoin-120×72.jpg 120w, https://www.leaprate.com/wp-content/uploads/2022/06/PayPal-Bitcoin-245×148.jpg 245w, https://www.leaprate.com/wp-content/uploads/2022/06/PayPal-Bitcoin-500×301.jpg 500w, https://www.leaprate.com/wp-content/uploads/2022/06/PayPal-Bitcoin.jpg 880w" sizes="(max-width: 250px) 100vw, 250px" /><p>The new feature offered by PauPal allows its customers to move <a target="_blank" href="https://www.leaprate.com/tag/crypto/" rel="noopener">cryptocurrencies</a> from PayPal to external crypto addresses, including exchanges and hardware wallets, and send crypto to family and friends on PayPal, with no fees or network charges.</p>
<p>Jose Fernandez da Ponte, Senior Vice President and General Manager, Blockchain, Crypto &amp; Digital Currencies at PayPal, said:</p>
<blockquote><p>We’re excited to connect PayPal’s customers to other wallets, exchanges, and applications, and we will continue to roll out additional crypto features, products, and services in the months ahead. We look forward to hearing more customer and community feedback as we enhance our digital currency capabilities.</p></blockquote>
<p>In addition, <a target="_blank" href="https://www.leaprate.com/payments/paypal-to-acquire-japanese-payments-platform-paidy/" rel="noopener">PayPal</a> received a full Bitlicense by the New York Department of Financial Services (NYDFS) in September. This makes PayPal the first company to convert a conditional Bitlicense into a full Bitlicense.</p>
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