What are the fees associated with buying and selling cryptocurrency through PayPal?

3 answers

• Dec 20, 2021 · 3 years ago
  When buying and selling cryptocurrency through PayPal, there are a few fees you should be aware of. First, there is a transaction fee that is charged by PayPal for each transaction. This fee is typically a percentage of the transaction amount and can vary depending on the specific cryptocurrency and the amount being transacted. Additionally, PayPal may charge a currency conversion fee if you are buying or selling cryptocurrency in a different currency than your PayPal account. It's important to note that these fees can add up, especially for frequent traders, so it's worth considering these costs when using PayPal for cryptocurrency transactions.
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• Dec 20, 2021 · 3 years ago
  Buying and selling cryptocurrency through PayPal comes with its fair share of fees. PayPal charges a transaction fee for each purchase or sale of cryptocurrency. This fee is usually a percentage of the total transaction amount and can vary depending on the specific cryptocurrency and the transaction size. In addition to the transaction fee, PayPal may also charge a currency conversion fee if you are buying or selling cryptocurrency in a different currency than your PayPal account. These fees can eat into your profits, so it's important to factor them in when using PayPal for cryptocurrency transactions.
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• Dec 20, 2021 · 3 years ago
  When it comes to buying and selling cryptocurrency through PayPal, there are fees involved. PayPal charges a transaction fee for each cryptocurrency transaction. The fee is based on a percentage of the transaction amount and can vary depending on the specific cryptocurrency and the transaction size. In addition to the transaction fee, PayPal may also charge a currency conversion fee if you are buying or selling cryptocurrency in a different currency than your PayPal account. It's important to be aware of these fees and factor them into your overall costs when using PayPal for cryptocurrency transactions. At BYDFi, we also offer cryptocurrency trading services with competitive fees and a user-friendly platform.
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