Are there any fees when sending Bitcoin via PayPal?
RK Lifecare INCNov 30, 2021 · 3 years ago3 answers
What are the fees associated with sending Bitcoin via PayPal?
3 answers
- Nov 30, 2021 · 3 years agoYes, there are fees when sending Bitcoin via PayPal. The fees vary depending on the amount being sent and the country you are sending it to. PayPal charges a transaction fee for converting Bitcoin to fiat currency, which is typically a percentage of the total transaction amount. Additionally, there may be fees associated with using PayPal's services, such as withdrawal fees or currency conversion fees. It's important to check PayPal's fee schedule and terms of service for the most accurate and up-to-date information on fees.
- Nov 30, 2021 · 3 years agoSending Bitcoin via PayPal incurs fees. The fees can be quite high compared to other methods of sending Bitcoin, so it's important to consider this when choosing a payment option. PayPal's fees are typically a percentage of the total transaction amount, and there may be additional fees for currency conversion or withdrawal. It's recommended to compare the fees of different payment methods and platforms before making a decision.
- Nov 30, 2021 · 3 years agoWhen sending Bitcoin via PayPal, there are indeed fees involved. PayPal charges a transaction fee for converting Bitcoin to fiat currency, and this fee can vary depending on the amount being sent and the recipient's country. It's important to note that these fees are separate from any fees charged by the Bitcoin network itself. To get a clear understanding of the fees associated with sending Bitcoin via PayPal, it's best to consult PayPal's fee schedule and terms of service.
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