• About
  • Advertise
  • Privacy & Policy
  • Contact
Cryptos Valuator
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Exchanges
No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Exchanges
No Result
View All Result
Cryptos Valuator
No Result
View All Result
Home Bitcoin News

PayPal & Robinhood Follow Revolut, Plan Crypto Withdrawals

July 2, 2021
in Bitcoin News
0
PayPal & Robinhood Follow Revolut, Plan Crypto Withdrawals
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Two major fintechs, PayPal and Robinhood are both looking set to follow in the footsteps of the likes of Revolut, with plans to allow crypto withdrawals to third-party wallets – a step that could see the platforms intensify their competition with crypto exchanges.

Christine Brown, Robinhood Crypto’s recently appointed Chief Operating Officer, told Decrypt that the feature was forthcoming, but stopped short of “setting a deadline,” adding that it was “a difficult tool to implement.”

Brown was also quoted as explaining that traders need to be “coddled into learning that crypto transactions are irreversible,” as well as educated about the risks of the decentralized finance (DeFi) industry and the price of gas fees.

She said:

“We want to make it as open as possible, and we want to give choice to our consumers, something that will let them pay in any way they want to pay. They want to bring their crypto to us so they can use it in commerce, and we want them to be able to take the crypto they acquired with us and take it to the destination of their choice.”

Da Ponte, like Brown, did not specify exactly when this new feature would be made available.

On Reddit, some users mused that the “good news” might “make PayPal a competitor to Binance and Coinbase” – particularly if the payments giant decided to add support for more altcoins.

Revolut last month began allowing its UK-based premium account holders to withdraw bitcoin (BTC) to third-party wallets in a beta mode. Withdrawals were initially restricted to just over USD 700 per day.
____
Learn more:
– PayPal’s Venmo Rolls out Crypto Services for Bitcoin, Ethereum and More
– PayPal Touts Crypto For Its ‘Super App,’ But It Won’t Buy Bitcoin Just Yet

– Fintech Heavyweights Revolut, Robinhood Gun for More Crypto Gains
– Robinhood Suspected To Be a Dogecoin Whale As It Plans New Crypto Services

Previous Post

Volatility in cryptocurrency to continue, says Allianz’ Mohamed El-Erian

Next Post

WisdomTree Files to List an Ethereum ETF in the US

Next Post
WisdomTree Files to List an Ethereum ETF in the US

WisdomTree Files to List an Ethereum ETF in the US

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 111 Followers
  • 23.5k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
Venezuela Considers Proposal to Include Bitcoin in Central Bank Reserves

Venezuela Considers Proposal to Include Bitcoin in Central Bank Reserves

June 23, 2021
Newegg Expands Bitcoin Payment Option To 73 More Countries

Newegg Expands Bitcoin Payment Option To 73 More Countries

July 4, 2021
World of Ether Goes Live on Ethereum Mainnet, Soon Becoming Top Ranked Crypto Game

Black Friday Drags Crypto Market Down, Bitcoin & Ethereum Price Plunges

August 4, 2021
World of Ether Goes Live on Ethereum Mainnet, Soon Becoming Top Ranked Crypto Game

Enterprise Ethereum Alliance Opens Regional Office In South Korea

August 6, 2021
UPbit Audit Reveals That South Korea’s Cryptocurrency Exchange is Not Guilty

UPbit Audit Reveals That South Korea’s Cryptocurrency Exchange is Not Guilty

Goldman Sach’s Cryptocurrency Startup Circle Raises $110 Million Led By Bitmain Technologies

Goldman Sach’s Cryptocurrency Startup Circle Raises $110 Million Led By Bitmain Technologies

NASDAQ-Powered Crypto Exchange To Go Live in June 2018

NASDAQ-Powered Crypto Exchange To Go Live in June 2018

Why is ZCash Price Rising ? | Latest Crypto News

Why is ZCash Price Rising ? | Latest Crypto News

BTC and ETH Suffer Further Price Drops Following $110M Liquidation

Bitcoin Drops Near $27K, Altcoins Post Double Digit Losses With 1 Billion Worth Liquidated; Here’s What Might Be Next

May 20, 2022
Cryptocurrencies Might Be Subject to Global Legislation as Early as 2023

Terra’s Co-Founder Suggests a Hard Fork To Save the Terra Ecosystem

May 19, 2022
Cryptocurrencies Might Be Subject to Global Legislation as Early as 2023

El Salvador Hosts Central Banks To Discuss the Bitcoin Rollout

May 19, 2022
Cryptocurrencies Might Be Subject to Global Legislation as Early as 2023

The Cryptocurrency Market Flashes Contrarian “Buy” Signal, When Is the Best Time To Buy Bitcoin and Altcoins?

May 19, 2022

Recent News

BTC and ETH Suffer Further Price Drops Following $110M Liquidation

Bitcoin Drops Near $27K, Altcoins Post Double Digit Losses With 1 Billion Worth Liquidated; Here’s What Might Be Next

May 20, 2022
Cryptocurrencies Might Be Subject to Global Legislation as Early as 2023

Terra’s Co-Founder Suggests a Hard Fork To Save the Terra Ecosystem

May 19, 2022
Cryptocurrencies Might Be Subject to Global Legislation as Early as 2023

El Salvador Hosts Central Banks To Discuss the Bitcoin Rollout

May 19, 2022
Cryptocurrencies Might Be Subject to Global Legislation as Early as 2023

The Cryptocurrency Market Flashes Contrarian “Buy” Signal, When Is the Best Time To Buy Bitcoin and Altcoins?

May 19, 2022
Cryptos Valuator

Follow Us

Browse by Category

  • Altcoin News
  • Bitcoin
  • Bitcoin News
  • Blockchain
  • Blockchain News
  • Business
  • Coins
  • Cryptocurrency
  • Cryptonews Deals
  • DeFi News
  • Economy
  • Ethereum
  • Ethereum News
  • Events
  • Exchanges
  • General
  • ICOs
  • Industry Talk
  • Markets
  • News
  • NFT News
  • Opinion
  • Press Releases
  • Regulation
  • special site
  • Sponsored
  • World

Recent News

BTC and ETH Suffer Further Price Drops Following $110M Liquidation

Bitcoin Drops Near $27K, Altcoins Post Double Digit Losses With 1 Billion Worth Liquidated; Here’s What Might Be Next

May 20, 2022
Cryptocurrencies Might Be Subject to Global Legislation as Early as 2023

Terra’s Co-Founder Suggests a Hard Fork To Save the Terra Ecosystem

May 19, 2022
  • Terms & Conditions
  • Privacy Policy

© 2021 Cryptos Valuato

No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Exchanges

© 2021 Cryptos Valuato