that's kind of important because you would hate to have your money in a 2 of 3 multisig with them holding one of the keys and the thing stuck in some type of dispute where they are asking you for an ID.
I can't really comment about their lending platform as I have never used it. Nor will I. I have no interest in risking my bitcoin in some questionable loan collateralized with centralized, fractional reserve (un)stablecoins.
i always thought they were p2p type thing. but they did pull out of the usa unfortunately. decreasing available ways to get bitcoin in the process.
They have always been P2P, but many years ago they swapped from a site purely listing peer-to-peer trades (much like HodlHodl is now), to requiring accounts, verification, KYC details, and centralized wallets. So although you still trade peer-to-peer, it is entirely centralized and therefore, like all centralized exchanges, neither private nor secure.
Well, because PayPal will log your purchase and transactions against your real name and identity and hand all that information over to blockchain analysis companies. But as mentioned I would steer well clear of PayPal at all times.