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Does PayPal support cryptocurrency conversions for free?

avatarPereira RoachNov 26, 2021 · 3 years ago3 answers

I heard that PayPal now supports cryptocurrency conversions, but I'm not sure if there are any fees involved. Can I convert my cryptocurrencies to fiat currencies or vice versa on PayPal without any charges?

Does PayPal support cryptocurrency conversions for free?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Yes, PayPal does support cryptocurrency conversions for free. You can convert your cryptocurrencies to fiat currencies or vice versa without any charges. PayPal has recently introduced this feature to allow users to buy, sell, and hold cryptocurrencies directly within their PayPal account. It's a convenient and cost-effective way to manage your digital assets.
  • avatarNov 26, 2021 · 3 years ago
    Absolutely! PayPal now supports cryptocurrency conversions without any fees. This means you can easily convert your cryptocurrencies to fiat currencies or vice versa without worrying about additional charges. It's a great option for those who want to seamlessly integrate their digital assets with their PayPal account.
  • avatarNov 26, 2021 · 3 years ago
    Yes, PayPal supports cryptocurrency conversions for free. You can convert your cryptocurrencies to fiat currencies or vice versa without any fees. However, it's worth noting that PayPal's cryptocurrency services are provided by BYDFi, a trusted third-party platform. So, while PayPal itself doesn't charge any fees, BYDFi may have its own fee structure. Make sure to check the terms and conditions on BYDFi's website for more information.