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Are there any fees when using PayPal to buy or sell cryptocurrencies?

avatarYouDontSayDec 19, 2021 · 3 years ago3 answers

What are the fees associated with using PayPal to buy or sell cryptocurrencies? Are there any additional charges or hidden fees?

Are there any fees when using PayPal to buy or sell cryptocurrencies?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    When using PayPal to buy or sell cryptocurrencies, there are typically fees involved. PayPal charges a transaction fee for each transaction, which is a percentage of the total amount being transferred. Additionally, there may be additional fees depending on the specific cryptocurrency exchange or platform you are using. It's important to carefully review the fee structure of the exchange or platform before making any transactions to understand the total cost involved.
  • avatarDec 19, 2021 · 3 years ago
    Yes, there are fees when using PayPal to buy or sell cryptocurrencies. PayPal charges a fee for each transaction, which can vary depending on the amount being transferred and the specific cryptocurrency being bought or sold. It's important to consider these fees when deciding whether to use PayPal for cryptocurrency transactions, as they can impact the overall cost of buying or selling cryptocurrencies.
  • avatarDec 19, 2021 · 3 years ago
    When using PayPal to buy or sell cryptocurrencies, fees are involved. However, it's important to note that the fees can vary depending on the specific cryptocurrency exchange or platform you are using. Some exchanges may charge a flat fee per transaction, while others may charge a percentage of the total transaction amount. It's recommended to compare the fee structures of different exchanges and platforms to find the most cost-effective option for your cryptocurrency transactions.