Are there any fees involved when converting PayPal to Naira using cryptocurrencies?

3 answers

• Jan 20, 2022 · 3 years ago
  Yes, there are usually fees involved when converting PayPal to Naira using cryptocurrencies. The fees can vary depending on the platform or exchange you use. Some exchanges may charge a fixed fee per transaction, while others may charge a percentage of the total amount being converted. It's important to check the fee structure of the specific platform or exchange you plan to use before making the conversion.
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• Jan 20, 2022 · 3 years ago
  Converting PayPal to Naira using cryptocurrencies may incur fees. The fees can be different for each platform or exchange. Some platforms charge a flat fee, while others charge a percentage of the transaction amount. It's advisable to compare the fees across different platforms to find the most cost-effective option.
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• Jan 20, 2022 · 3 years ago
  When converting PayPal to Naira using cryptocurrencies, there may be fees involved. At BYDFi, for example, there is a 0.5% fee for each conversion. This fee is automatically deducted from the converted amount. It's important to consider the fees when deciding whether to convert PayPal to Naira using cryptocurrencies or explore other options.
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