It's finally here, unbelievable.

the spread doesn't look that bad, even cheaper than on http://Gemini.com 
(let's see what the fee would be though)

"Cryptocurrencies cannot be used to send money or pay for goods and services on PayPal." ???

What are they for then? hopefully you can withdraw to a regular wallet.

#WTF

"Paypal Cash" account?

Is "Paypal Cash" their product name for a Crypto Wallet?

1% fees if you want to cash-out to your bank in minutes.
$0 to do ACHs, same as always.

And the transfer fees, conveniently (for them) expandable optionally before you continue.

Seems like they'll be keeping a 2.5% to transfer to external wallets. Nice (for them)

$0 fees to buy crypto.
You can buy as little as $1 of Crypto. Very cool.

Let's try it!

Crypto Balance is displayed in USD, yay.
User friendly.

Not sure if Price fluctuated already, or if they took 1 cent.

Now let's try to send that to Metamask...

You can't, you can only sell it back to them.

So I guess I'll HODL and wait for growth of more than 2.50%

And here are the Buy/Selling fees, as of Nov 13th 2020

Conclusion:

Absolute bullshit.

This is pretend crypto-buying, you're just holding a crypto-derivative that you can only sell back to them

You won't be able to do anything else than selling it back to them

Now my $50 are stuck there, I won't be able to do anything except wait.