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Are there any fees associated with sending cryptocurrency as a gift through PayPal?

avatarSteven MurtaghDec 15, 2021 · 3 years ago3 answers

Is there a fee when sending cryptocurrency as a gift through PayPal? How does PayPal handle fees for cryptocurrency transactions?

Are there any fees associated with sending cryptocurrency as a gift through PayPal?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, there may be fees associated with sending cryptocurrency as a gift through PayPal. PayPal charges a fee for converting cryptocurrency to fiat currency, which is typically a percentage of the transaction amount. Additionally, PayPal may charge a fee for sending or receiving cryptocurrency. It's important to check PayPal's fee schedule for the most up-to-date information.
  • avatarDec 15, 2021 · 3 years ago
    When sending cryptocurrency as a gift through PayPal, there may be fees involved. PayPal charges fees for converting cryptocurrency to fiat currency, and these fees can vary depending on the transaction amount. It's recommended to review PayPal's fee structure before sending cryptocurrency as a gift.
  • avatarDec 15, 2021 · 3 years ago
    Sending cryptocurrency as a gift through PayPal may incur fees. PayPal charges a fee for converting cryptocurrency to fiat currency, and this fee is typically a percentage of the transaction value. It's advisable to check PayPal's fee policy to understand the exact charges involved.