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Are there any fees associated with buying crypto using PayPal credit?

avatarHemanthDec 17, 2021 · 3 years ago3 answers

Can you tell me if there are any fees involved when purchasing cryptocurrency with PayPal credit? I'm considering using PayPal credit as a payment method, but I want to know if there are any additional charges or fees that I should be aware of.

Are there any fees associated with buying crypto using PayPal credit?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with buying crypto using PayPal credit. When you use PayPal credit to purchase cryptocurrency, PayPal charges a transaction fee, which is typically a percentage of the total transaction amount. The exact fee percentage may vary depending on the specific terms and conditions set by PayPal. It's important to review PayPal's fee structure and terms before making a purchase to understand the exact fees involved.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! When you buy crypto using PayPal credit, there are fees involved. PayPal charges a transaction fee for using their credit service, and this fee is applicable to cryptocurrency purchases as well. The fee amount may vary based on the transaction size and other factors. It's always a good idea to check PayPal's fee schedule or contact their customer support for the most up-to-date information on fees associated with buying crypto using PayPal credit.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with buying crypto using PayPal credit. However, it's important to note that the fees are not charged by BYDFi, but by PayPal. PayPal credit has its own fee structure, and when you use it to buy cryptocurrency, you'll be subject to those fees. The exact fee amount may vary depending on various factors, so it's recommended to review PayPal's terms and conditions or contact their customer support for detailed information on the fees associated with buying crypto using PayPal credit.