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What are the fees for using PayPal to buy cryptocurrency?

avatarClifford ArnoldDec 19, 2021 · 3 years ago3 answers

Can you please provide me with information about the fees associated with using PayPal to purchase cryptocurrency? I would like to know the costs involved before making a decision.

What are the fees for using PayPal to buy cryptocurrency?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    Sure! When using PayPal to buy cryptocurrency, there are a few fees to consider. First, PayPal charges a transaction fee, which is typically a percentage of the total amount being transferred. Additionally, there might be a conversion fee if you're buying cryptocurrency in a different currency than your PayPal account. It's important to check PayPal's fee structure for the most up-to-date information.
  • avatarDec 19, 2021 · 3 years ago
    Buying cryptocurrency with PayPal involves certain fees. PayPal charges a transaction fee, which varies depending on the amount being transferred. Additionally, there might be a currency conversion fee if you're buying cryptocurrency in a different currency. It's always a good idea to review PayPal's fee schedule to understand the exact costs involved.
  • avatarDec 19, 2021 · 3 years ago
    When using PayPal to buy cryptocurrency, you'll encounter some fees. PayPal charges a transaction fee, which is a percentage of the total amount you're transferring. There might also be a currency conversion fee if you're buying cryptocurrency in a different currency. Keep in mind that fees can vary, so it's best to check PayPal's website for the most accurate and up-to-date information. If you're looking for a platform with lower fees, you might want to consider BYDFi, which offers competitive rates for buying cryptocurrency with PayPal.