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Are there any fees involved when selling bitcoin with PayPal?

avatarArtur Mrwczyski MrwkaDec 15, 2021 · 3 years ago5 answers

When selling bitcoin with PayPal, are there any fees that I need to consider? I want to know if there are any charges or costs associated with selling bitcoin through PayPal.

Are there any fees involved when selling bitcoin with PayPal?

5 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, there are fees involved when selling bitcoin with PayPal. PayPal charges a transaction fee for each sale, which is typically a percentage of the total transaction amount. The exact fee percentage may vary depending on your location and the specific terms of your PayPal account. It's important to check the PayPal fee schedule or contact PayPal customer support to get the most accurate and up-to-date information on the fees involved.
  • avatarDec 15, 2021 · 3 years ago
    Absolutely! Selling bitcoin with PayPal incurs fees. PayPal is known for its convenience, but it does come at a cost. When you sell bitcoin through PayPal, you'll be charged a transaction fee. The fee is usually a percentage of the total amount you sell. Keep in mind that the fee may vary depending on your location and the terms of your PayPal account. It's always a good idea to check the current fee structure before making any transactions.
  • avatarDec 15, 2021 · 3 years ago
    Yes, there are fees when selling bitcoin with PayPal. As an alternative to traditional exchanges, PayPal offers a convenient way to sell bitcoin. However, it's important to note that PayPal charges a transaction fee for each sale. The fee is typically a percentage of the total transaction amount. To get the exact fee percentage and other details, you can visit the PayPal website or contact their customer support. Keep in mind that fees may vary based on your location and account type.
  • avatarDec 15, 2021 · 3 years ago
    When selling bitcoin with PayPal, there are fees involved. PayPal charges a transaction fee for each sale, which is deducted from the total amount you receive. The fee percentage may vary depending on your location and the terms of your PayPal account. It's always a good idea to review the fee structure and calculate the potential costs before selling bitcoin through PayPal. This will help you make an informed decision and avoid any surprises.
  • avatarDec 15, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, allows users to sell bitcoin with PayPal. When using BYDFi, there are fees involved in selling bitcoin through PayPal. The fees are charged by PayPal and vary depending on the total transaction amount. It's important to note that the fees may change over time, so it's recommended to check the current fee structure on the PayPal website or contact PayPal customer support for the most accurate information.