By Snejana Farberov For Dailymail.comPublished: 16:09 EDT, 26 May 2021 | Updated: 23:17 EDT, 26 May 2021PayPal on Wednesday unveiled a plan to let its customers withdraw cryptocurrency to third party wallets. The news was first reported by Coindesk, citing comments from Jose Fernandez da Ponte, who leads PayPal's blockchain, crypto and digital currencies business unit. The soon-to-be added feature allowing customers to move Bitcoin and other cryptocurrencies to third party services will also apply to PayPal's popular mobile payments service Venmo. The soon-to-be added feature allowing customers to move cryptocurrencies to third party services will also apply to PayPal's mobile payments service VenmoDa Ponte did not offer a timetable for the introduction of the new feature. 'Demand on the crypto side has been multiple-fold to what we initially expected.