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Are there any limitations or fees when sending crypto through PayPal?

avatarPluem1106Dec 17, 2021 · 3 years ago5 answers

What are the limitations and fees associated with sending cryptocurrency through PayPal?

Are there any limitations or fees when sending crypto through PayPal?

5 answers

  • avatarDec 17, 2021 · 3 years ago
    When sending cryptocurrency through PayPal, there are a few limitations and fees to be aware of. First, PayPal currently only supports the buying, selling, and holding of certain cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. Other cryptocurrencies may not be available for transactions. Additionally, there may be restrictions on the amount of cryptocurrency you can send or receive through PayPal. As for fees, PayPal charges a transaction fee for buying and selling cryptocurrency, which is based on the transaction amount. The fee structure can vary depending on the country and the type of transaction. It's important to review PayPal's fee schedule and terms of service for the most up-to-date information on limitations and fees when sending crypto through PayPal.
  • avatarDec 17, 2021 · 3 years ago
    Sending crypto through PayPal can come with some limitations and fees. PayPal currently supports a limited number of cryptocurrencies for transactions, including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. If you're looking to send or receive a different cryptocurrency, you may need to use a different platform. Additionally, PayPal may impose restrictions on the amount of cryptocurrency you can send or receive. As for fees, PayPal charges a transaction fee for buying and selling cryptocurrency, which can vary depending on the transaction amount and your location. It's important to check PayPal's fee schedule and terms of service for the most accurate information on limitations and fees.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to sending crypto through PayPal, there are a few things to keep in mind. First, PayPal currently supports a limited number of cryptocurrencies for transactions, including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. If you're looking to send or receive a different cryptocurrency, you may need to explore other options. Additionally, PayPal may have limitations on the amount of cryptocurrency you can send or receive. As for fees, PayPal charges a transaction fee for buying and selling cryptocurrency, which can vary depending on the transaction amount and your location. It's important to review PayPal's fee schedule and terms of service for the most accurate information on limitations and fees. Please note that the information provided here is based on general knowledge and it's always a good idea to double-check with PayPal for the most up-to-date information.
  • avatarDec 17, 2021 · 3 years ago
    When sending crypto through PayPal, it's important to be aware of the limitations and fees involved. PayPal currently supports a limited number of cryptocurrencies for transactions, including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. If you're looking to send or receive a different cryptocurrency, you may need to use a different platform. Additionally, PayPal may impose restrictions on the amount of cryptocurrency you can send or receive. As for fees, PayPal charges a transaction fee for buying and selling cryptocurrency, which can vary depending on the transaction amount and your location. It's always a good idea to review PayPal's fee schedule and terms of service for the most accurate and up-to-date information on limitations and fees.
  • avatarDec 17, 2021 · 3 years ago
    As a representative of BYDFi, I can provide some insights into the limitations and fees when sending crypto through PayPal. PayPal currently supports a limited number of cryptocurrencies for transactions, including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. However, it's important to note that the availability of cryptocurrencies may vary depending on your location. Additionally, PayPal may have restrictions on the amount of cryptocurrency you can send or receive. When it comes to fees, PayPal charges a transaction fee for buying and selling cryptocurrency, which can vary depending on the transaction amount and your location. It's always a good idea to review PayPal's fee schedule and terms of service for the most accurate information on limitations and fees.