How does the cost of sending money using digital currencies compare to PayPal's charging for friends and family?

3 answers

• Dec 17, 2021 · 3 years ago
  When it comes to sending money using digital currencies, the cost can vary depending on the specific currency and platform you use. Some digital currency platforms charge a small transaction fee, while others may offer free transfers. On the other hand, PayPal's charging for friends and family is typically free within the same country, but there may be fees for international transfers or if you choose to use a credit card. Overall, the cost of sending money using digital currencies can be lower compared to PayPal, especially for international transfers.
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• Dec 17, 2021 · 3 years ago
  Sending money using digital currencies can be a cost-effective option compared to PayPal's charging for friends and family. Digital currency transactions often have lower fees, especially for international transfers. PayPal may charge fees for cross-border transactions or if you choose to use a credit card. Additionally, digital currencies can offer faster transaction times and greater security compared to traditional payment methods. However, it's important to consider the exchange rate and any potential volatility in the digital currency market before making a transfer.
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• Dec 17, 2021 · 3 years ago
  When it comes to comparing the cost of sending money using digital currencies to PayPal's charging for friends and family, it's important to consider the specific digital currency platform and the fees associated with it. Some platforms may offer free transfers or charge a minimal transaction fee, while others may have higher fees. PayPal's charging for friends and family is typically free within the same country, but there may be fees for international transfers or if you choose to use a credit card. It's recommended to compare the fees and exchange rates of different platforms and payment methods to determine the most cost-effective option for your specific needs.
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