After researching it , I think the while "buy Bitcoin on PayPal" is a scam at best , and could be something more sinister at worst. Basically , you cannot withdraw the crypto , which for me means that it isn't crypto at all. But after doing research , I found that you cannot EVEN PAY another person with it - you're simply buying a token that is linked to the Bitcoin price - what is the value of this ?
I believe that this could be an attack on Bitcoin - I discuss this in detail here :
https://youtu.be/bApVhoTemGwTo recap :
- You cannot withdraw your Bitcoin
- You cannot Pay anyone ( ironic ) , so it can't even go to another PayPal account
- You dont own the keys
You true with PayPal bitcoin is scam because we can't withdraw our bitcoin to wallet and only available for buying and selling trough PayPal, just happen right now with many people have buy many bitcoin with PayPal but never could not sell their bitcoin until now, be quit with your balance and keep safety by buying directly with local exchange market than you buy with PayPal because you will not available for withdraw later, maybe you can try with small amount about $10 and buy bitcoin, then you have try available for selling back your bitcoin based on price of exchange market or not, and looking how much money do you lost when you buy bitcoin trough PayPal.