Paypal is now providing full Crypto Services just like Other Crypto Exchanges.
I must say we could be seeing more massive inflow of cash into crypto from today, as PayPal has announced that it now supports the transfer of Bitcoin and cryptocurrency to external wallets. in its new functionality upgrade, they sure did upgrade right and a smart move coming from them because so many crypto traders and investors would have still continued doing their crypto transactions with or without them anyways, but in all, it is still a win-win situation because they get to keep doing more transactions and also keep their crypto customers happy, while there will be massive adoption coming for crypto through them, so like I said a win-win situation here as PayPal has enabled a withdrawal of Bitcoin and other cryptos to private wallets, and that is not all there are other cool functions added also, Pay Pal's new functionality upgrade is available now to some select United States users, I don't know all of them yet but I know it is fully licensed in New York customers.
How PayPal's New Functionality Works
Honestly, it is pretty easy to use, it is just like using any other crypto exchange, if you want to send your crypto to an external or private crypto wallet all you need to do is to log in to PayPal and go to the crypto section then choose the coin you want to send, click on the transfer button then you will be asked to complete some additional ID verification steps, which the process is only required once per user, then as usual input your crypto address and send, while to receive is the same process but in reverse.
And you can also send crypto from one PayPal wallet to another easily without any stress, I love this new PayPal upgrade it's really cool to me, PayPal is advancing in crypto and I like it. PayPal started by allowing users to buy, sell and hold crypto on their platform since 2020. And now they have added a transfer to external wallets, which enables users to be able to move their crypto to self-custodial or private wallets. PayPal is now providing full crypto service. Good news for all their users.
Click Here to watch the YouTube video on how it all works.
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Just recently I was checking my paypal account to see if there was an option that would give me an alternative to manage my Hive resources. I still don't know if with this update you can. Though
I'm not that proficient in Hive, I haven't even tried to withdraw my funds through binance. But tomorrow I'll take a look to see what your post is talking about. Thank you for informing us of this very good news ❤️
My pressure, and to withdraw from hive to binance is not hard at all, if you want to I can put you through, just let me know when you're ready.
Posted Using LeoFinance Beta
Thank you very much for your help 😁. I've read a bit about it, but I haven't done anything yet because the rules are withdrawn when I have to do it urgently and it doesn't give me a chance to take the time to try something new. But if I will take your help into account when I have to do it, I should do it soon and I don't know how to do it. I really appreciate your offer 😁
No problem, just hit me up when you do.
😅🤝😎
Adoption signs all over the world, price is rolling... who knows what is next.
But it's still good news.
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Crypto is inevitable, I guess those still doubting should just accept that fact and come on board now that it is still early.
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