Are there any fees or restrictions when buying and selling crypto with PayPal?

3 answers

• Dec 17, 2021 · 3 years ago
  When buying and selling cryptocurrencies with PayPal, there are usually fees involved. PayPal charges a transaction fee that is typically a percentage of the total transaction amount. The exact fee percentage may vary depending on the specific cryptocurrency and the transaction size. Additionally, PayPal may also charge a currency conversion fee if you are buying or selling cryptocurrencies in a different currency than your PayPal account. These fees can add up and should be taken into consideration when using PayPal for crypto transactions.
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• Dec 17, 2021 · 3 years ago
  Yes, there are certain restrictions when buying and selling cryptocurrencies with PayPal. Firstly, PayPal only supports a limited number of cryptocurrencies, so you may not be able to buy or sell all the cryptocurrencies you want. Secondly, there may be restrictions on the amount of cryptocurrency you can buy or sell using PayPal. These restrictions are usually in place to comply with regulatory requirements and prevent fraud. It's important to check the specific limitations and restrictions imposed by PayPal before conducting any crypto transactions.
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• Dec 17, 2021 · 3 years ago
  As an alternative to PayPal, BYDFi offers a seamless and fee-free experience for buying and selling cryptocurrencies. With BYDFi, you can enjoy competitive exchange rates and low spreads, ensuring that you get the best value for your crypto transactions. BYDFi also supports a wide range of cryptocurrencies, giving you more options to diversify your portfolio. Whether you're a beginner or an experienced trader, BYDFi provides a user-friendly platform with advanced trading features. Start trading with BYDFi today and experience the difference!
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