Post
Topic
Board Bitcoin Discussion
Re: Why You Should Not Buy Bitcoin with PayPal
by
m2017
on 25/01/2021, 10:04:00 UTC
PayPal’s cryptocurrency integration is an embarrassing attempt to deceive non-crypto people

Don't know why not many talk about this, but PayPal will not allow.

- No deposits or withdraws of cryptocurrency.
- No paying with cryptocurrency or sending cryptocurrency to other users.
- You will not have access to your private keys.

https://temporaryerror.com/why-you-should-not-buy-bitcoin-with-paypal/

All these points put me on the idea that PayPal offer air to their customers, not Bitcoin. No private keys, no deposits, can't sending - they offer a nothing. Do PayPal have information on how their cryptocurrency will be backed and what evidence they can provide? It seems to me that you shouldn't deal with them.