I used paypal to buy crypto

I know a lot of people on this sub have very strong opinions against buying crypto on PayPal. There are obvious reasons like high transaction and conversion fees and limited to BTC, ETH, LTC and Bitcoin cash. These are all good reasons as to why PayPal is not remotely the best place to invest your money. Plus you don't own anything you buy so cannot move it to a wallet or another exchange if you are not in US (you can only buy and sell).

When I started investing in Crypto, I had no idea where to start. Most people will tell you how volatile and risky it is and DYOR but the information out there can be confusing at the very least.

I decided to try paypal first for the peace of mind knowing if my account got hacked and I lost my invested money, paypal would refund this amount. I didn't intend to hodl at the time - just wanted to make a bit of money.

I only bought ETH and BTC and I had a good return on my investment - eventually sold and moved to an exchange after being on this sub and reading about "not your keys not your coins''

I never had a problem with PayPal - I know different people have had different experiences but mine was a positive one and would recommend for newbies who just want to test the Crypto waters.