Buying #Bitcoin with PayPal is convenient, but there are some things to note.

PayPal charges fees offers limited features, and holds your Bitcoin in its custody, with no option to transfer it to other wallets.

Users can also choose to use PayPal as a payment method with certain crypto exchanges.

#Bitcoin #BTC #Nostr

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Discussion

Learned the same with Venmo, they hold you're bitcoin and you can't move it. I sold it after I figured that out. All kyc charges a fee to buy I believe.

“…holds your Bitcoin in its custody, with no option to transfer it to other wallets”

Aww hell naw…