PayPal launches cryptocurrency transfer feature PayPal said it is rolling out a feature that will allow U.S. users to transfer, send and receive bitcoin, ether, bitcoin cash and litecoin within and outside the PayPal ecosystem without charging any fees, The Wall Street Journal reported on June 8. fee or network fee.
The new feature will allow customers to transfer platform-supported coins to PayPal, or cryptocurrencies from its app to external crypto addresses, including exchanges and hardware wallets, and transfer cryptocurrencies to other PayPal “in seconds” user. Crypto assets supported by PayPal now include Bitcoin, Ethereum, Bitcoin Cash or Litecoin, among others.
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