I don't know if this feature is available in my country but I think I will not buy in PayPal, I normally used PayPal in some of my foreign transactions since I am being paid usd, the fees are very high for me, well I guess if I will be able to withdraw bitcoin using that maybe the fees are much more higher right? I rather buy bitcoin in binance using card rather than in PayPal, perhaps I think this one is new so I think there be bug for now. I don't know how much will be the transfer fee, I need to know that because fee is important thing for me to know.

For traders, purchasing Bitcoins with PayPal is not feasible at this moment, because they are yet to enable the withdrawal option. PayPal may enable all the features only by mid-2021, and even then I don't expect their withdrawal and transaction fee to be any lower than that of the exchanges such as Binance and Huobi. Also, at this point it is not clear whether they will allow the trading of various cryptocurrencies in their platform.

I've splurged $50.00 on getting some Bitcoin on the Paypal site, using the buy Bitcoin option.

Kinda, right in your face, if you log on to your Paypal account and the first page that comes up shows (in my case) $0.00 Paypal wallet.

Then in 'still' large characters shows my Bitcoin Balance as $50.00. Kinda impressed. Right in your face along with your regular wallet amounts.

It also is very interesting to get on and see the value of the $50.00 original investment on the PayPal site...go up and down in value. (I'm unsure
...so
if fees were extra on the $50.00 I bought or in the $50.00 total I see for balance..but anyway).

So, just saying it is kinda slick.

I hope they add full in and out next year to the Verimo wallet (sp?) as they had before they went to BTC/ETH/LTC/BCH...so because it was done

before on that wallet...I can hope it will be added in that manner again in the future.

I am however, more than a bit 'amused' on the 'newbie' (we have all been there) additon of Bitcoin Cash (BCH) just before the fork..not sure

anyone saw that coming....a 'newb' mistake. But probably not a big deal...though it may have made a few folks at Paypal's hearts go pitter/pat

in discovering such after the fact...(er...my guess anyway)

Has anyone else done more extensive in/out with Paypal and other currencies on here besides my sit and HODL on $50.00 here? How are the fees?

Let those who sit on our hands on the paypal site like me know ..how it is working out if stressed at least a little bit more!

Brad

Because of I am not belong to u.s, can't buy bitcoin at this moment from Paypal platform.but i expect from paypal, they will going to available this features for worldwide users who isn't from us as like me. but has a big problem with it, they deduct high fee when user convering btc & paypal dollar. even they don't provide us private key! I think Who know well "how to buy bitcoin with secure way", aren't going to accept paypal instend of exchanges

Still not enough to change my opinion.

Ever since PayPal made Bitcoins available in their platform, more than a million users have made use of that opportunity and accumulated Bitcoin. This seems to be an isolated case for me. PayPal do have some tough T&C. This user might have violated at least some of them. Anyway, I hope that he will appeal against this ban and his account limitations will be removed by PP soon.

This doesn't surprise me at all. One of my client's PayPal accounts was permanently banned a week ago without notice or reason and they weren't even crypto related. They opened a business account 2-3 months ago to process orders for physical goods on their website. Legit 30+ year old mom and pop business. PayPal stated they could no longer do business with them, provided no reason, said the decision was final, and put a 180 day hold on the funds in their account. They weren't even doing crazy sales. Maybe $100-$200/day. Zero cases filed against them and all of their shipping labels were bought and tracked through PayPal. A company that will terminate your account whenever they want without explanation is probably not a company you want to be doing business with, let alone trusting with your crypto. Good luck getting anyone on the phone either. We'd leave a call back number and get an automated call back a few minutes later saying their call center was in maintenance.

I was a paypal user several years ago, and often had difficulty withdrawing funds and wanted to exchange them for Bitcoin to make withdrawals easier. I think it's not just me who feels this way, and now that we can buy Bitcoin using a PayPal balance, it's a very exciting thing.