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Are there any fees involved when buying crypto with PayPal?

avatarLu McKayDec 16, 2021 · 3 years ago3 answers

What are the fees associated with purchasing cryptocurrencies using PayPal?

Are there any fees involved when buying crypto with PayPal?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    When buying crypto with PayPal, there may be fees involved. The exact fees depend on the platform or exchange you are using. Some exchanges charge a fixed fee or a percentage of the transaction amount. Additionally, PayPal itself may charge a fee for using their service to buy cryptocurrencies. It's important to check the fee structure of the platform or exchange you plan to use before making a purchase.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees when buying crypto with PayPal. These fees can vary depending on the platform or exchange you choose. Some platforms charge a flat fee for each transaction, while others charge a percentage of the transaction amount. It's important to consider these fees when deciding where to buy crypto with PayPal.
  • avatarDec 16, 2021 · 3 years ago
    When purchasing cryptocurrencies with PayPal, fees may apply. At BYDFi, for example, there is a 1.5% fee for buying crypto with PayPal. However, this fee may vary on other platforms or exchanges. It's always a good idea to compare fees across different platforms to find the most cost-effective option for buying crypto with PayPal.