The international electronic payment system PayPal has introduced new features in its crypto application. PayPal users will now be able to transfer cryptocurrencies to another wallet.
This block was reported by Finance.ua.
Yes, the new feature will allow transactions with cryptocurrencies such as Bitcoin, Etherium, Bitcoin Cash and Lightcoin. Users can send tokens to external addresses, such as those associated with exchange accounts and wallets.
Also, you can use PayPal to transfer cryptocurrencies to other users. The innovation is part of a strategy designed to integrate cryptocurrencies into PayPal’s system.
“Adding the ability to transfer, send and receive cryptocurrencies is another step towards creating a more inclusive and efficient financial system. We look forward to connecting PayPal customers with other wallets, exchanges and applications, and will continue to implement additional cryptographic features, products and services in the coming months, “said Jose Fernandez, Senior Vice President and General Manager, PayPal Blockchain, Cryptocurrency. Digital currency. Pontas.