How can I avoid fees when using PayPal for buying or selling cryptocurrencies?

3 answers

• Dec 16, 2021 · 3 years ago
  One strategy to avoid fees when using PayPal for buying or selling cryptocurrencies is to use peer-to-peer exchanges. These platforms connect buyers and sellers directly, eliminating the need for intermediaries like PayPal. By using peer-to-peer exchanges, you can negotiate fees directly with the other party and potentially save on transaction costs. However, it's important to conduct thorough research and ensure the legitimacy and security of the platform before engaging in any transactions.
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• Dec 16, 2021 · 3 years ago
  Another way to avoid fees when using PayPal for buying or selling cryptocurrencies is to use cryptocurrency exchanges that offer low or no fees for PayPal transactions. Some exchanges have partnerships with PayPal and offer discounted or fee-free transactions for their users. It's recommended to compare different exchanges and their fee structures to find the most cost-effective option for your needs.
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• Dec 16, 2021 · 3 years ago
  At BYDFi, we understand the importance of avoiding unnecessary fees when trading cryptocurrencies. While PayPal is a convenient payment method, it's worth exploring alternative options to minimize fees. Peer-to-peer exchanges and exchanges with low or no fees for PayPal transactions can be viable alternatives. Remember to always prioritize security and conduct thorough research before engaging in any transactions.
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