Are there any fees involved when transferring GDAX to PayPal?
Holt WoodsNov 27, 2021 · 3 years ago3 answers
I'm planning to transfer my funds from GDAX to PayPal, but I'm not sure if there are any fees involved. Can anyone clarify if there are any fees when transferring funds from GDAX to PayPal?
3 answers
- Nov 27, 2021 · 3 years agoYes, there are fees involved when transferring funds from GDAX to PayPal. GDAX charges a withdrawal fee of 1.49% for PayPal transfers. Additionally, PayPal may also charge a fee for receiving funds. It's important to check both GDAX and PayPal's fee structures before making the transfer to avoid any surprises.
- Nov 27, 2021 · 3 years agoTransferring funds from GDAX to PayPal does come with fees. GDAX charges a withdrawal fee of 1.49% for PayPal transfers. However, it's worth noting that the fees may vary depending on the amount being transferred and the current fee structure. It's always a good idea to double-check the fees before initiating the transfer.
- Nov 27, 2021 · 3 years agoWhen transferring funds from GDAX to PayPal, there are indeed fees involved. GDAX charges a withdrawal fee of 1.49% for PayPal transfers. However, it's important to consider the convenience and speed of the transfer when evaluating the fees. PayPal transfers are typically faster compared to other withdrawal methods, which may justify the fees for some users.
Related Tags
Hot Questions
- 77
How does cryptocurrency affect my tax return?
- 75
What is the future of blockchain technology?
- 72
Are there any special tax rules for crypto investors?
- 64
How can I minimize my tax liability when dealing with cryptocurrencies?
- 63
What are the best practices for reporting cryptocurrency on my taxes?
- 51
How can I protect my digital assets from hackers?
- 49
What are the best digital currencies to invest in right now?
- 39
What are the tax implications of using cryptocurrency?