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Are there any fees associated with using the friends and family option on PayPal for buying or selling cryptocurrencies?

avatarPranav RaiDec 17, 2021 · 3 years ago3 answers

I want to use the friends and family option on PayPal for buying or selling cryptocurrencies. Are there any fees associated with this option? How does it work?

Are there any fees associated with using the friends and family option on PayPal for buying or selling cryptocurrencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with using the friends and family option on PayPal for buying or selling cryptocurrencies. When you use this option, PayPal charges a fee based on the amount you send or receive. The fee is usually a percentage of the transaction amount, and it can vary depending on the country and the type of cryptocurrency you are dealing with. It's important to check PayPal's fee schedule to understand the exact charges before using this option.
  • avatarDec 17, 2021 · 3 years ago
    Unfortunately, there are fees involved when using the friends and family option on PayPal for buying or selling cryptocurrencies. PayPal charges a fee for this service, which is typically a percentage of the transaction amount. The exact fee can vary depending on factors such as the country you are in and the type of cryptocurrency you are dealing with. It's always a good idea to review PayPal's fee schedule or contact their customer support for the most up-to-date information.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with using the friends and family option on PayPal for buying or selling cryptocurrencies. However, at BYDFi, we offer a fee-free alternative for buying and selling cryptocurrencies. With BYDFi, you can trade cryptocurrencies without any fees, making it a cost-effective option for crypto enthusiasts. So, if you want to avoid fees, consider using BYDFi for your cryptocurrency transactions.