Venmo Is Rolling Out Bitcoin Transfers to External Wallets
Users who purchase bitcoin through the app will now be able to take ownership of their coins.
"We are taking steps to make the management and movement of cryptocurrencies (crypto) for Venmo customers easy by introducing the ability to transfer crypto to friends and family in the Venmo community."
"Customers will also be able to transfer to a PayPal account and to external wallets and exchanges, delivering more choice and flexibility in how they move and manage their crypto."
"Crypto transfers will be rolling out to Venmo customers over the coming weeks starting in May 2023."