They also added a stable coin PYUSD, for some dumb reason they charge 2.5% to buy it! What TF is the point of PYUSD then if it costs less to buy real dollars? Plus PP has an FDIC insured 4.3% savings account too you can transfer between.
I am not surprised with this, paypal is known for charging fees for everything, even before they added cryptocurrency support.
About PYUSD, I wouldn't touch that crap at all, they can freeze and lock your coins anytime they want for any reason and on any wallet.
o PP is ok if you don't mind holding your crypto with them long term.
No it's not, especially not long term.
Bitcoin is not designed to be held by any companies.