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How does PayPal charge for peer-to-peer cryptocurrency transactions?

avatarRowdy The kingNov 24, 2021 · 3 years ago3 answers

Can you explain how PayPal charges for peer-to-peer cryptocurrency transactions? I'm curious about the fees and any additional costs involved.

How does PayPal charge for peer-to-peer cryptocurrency transactions?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    When it comes to PayPal's fees for peer-to-peer cryptocurrency transactions, it's important to understand that they vary depending on the transaction amount and the currency involved. Generally, PayPal charges a percentage-based fee, which can range from 1% to 3% of the total transaction value. Additionally, there might be additional fees for currency conversion if the transaction involves different currencies. It's always a good idea to check PayPal's official website or contact their customer support for the most up-to-date information on fees and charges for cryptocurrency transactions.
  • avatarNov 24, 2021 · 3 years ago
    PayPal's fees for peer-to-peer cryptocurrency transactions can be a bit complex. The fees are typically based on a percentage of the transaction amount, which means that the larger the transaction, the higher the fee. Additionally, there might be additional costs involved, such as currency conversion fees if the transaction involves different currencies. It's important to keep in mind that these fees can change over time, so it's always a good idea to check PayPal's website or contact their customer support for the most accurate and up-to-date information on fees and charges for cryptocurrency transactions.
  • avatarNov 24, 2021 · 3 years ago
    At BYDFi, we don't have direct knowledge of PayPal's fees for peer-to-peer cryptocurrency transactions. However, based on our understanding of PayPal's general fee structure, it's likely that they charge a percentage-based fee for these transactions. The exact fee percentage may vary depending on the transaction amount and the currency involved. It's always a good idea to check PayPal's official website or contact their customer support for the most accurate and up-to-date information on fees and charges for peer-to-peer cryptocurrency transactions.