Paypal adds in-app cryptocurrency wallet and external wallet transfer function

PayPal has reportedly announced that its users can now transfer cryptocurrencies from their accounts to other wallets and exchange addresses. Jose Fernandez da Ponte, senior vice president and general manager of blockchain, cryptocurrencies, and digital currencies at PayPal, said: "Our users have requested this feature the most since we started offering cryptocurrency purchases. The new feature will allow PayPal customers to transfer supported cryptocurrencies to and from PayPal to external crypto addresses, including exchanges and hardware wallets.