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What are the fees associated with buying crypto on PayPal?

avatarChristian OkonkwoDec 17, 2021 · 3 years ago3 answers

Can you please provide a detailed explanation of the fees associated with purchasing cryptocurrencies using PayPal? I would like to understand the costs involved before making any transactions.

What are the fees associated with buying crypto on PayPal?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! When buying crypto on PayPal, there are a few fees you need to be aware of. First, there is a transaction fee that PayPal charges for each purchase. This fee is usually a percentage of the transaction amount and can vary depending on the specific cryptocurrency you are buying. Additionally, PayPal may also charge a spread fee, which is the difference between the buying and selling price of the cryptocurrency. It's important to note that these fees can change over time, so it's always a good idea to check the latest fee structure on PayPal's website before making any transactions.
  • avatarDec 17, 2021 · 3 years ago
    Buying crypto on PayPal comes with its fair share of fees. You'll need to consider the transaction fee, which is typically a percentage of the purchase amount. This fee can vary depending on the cryptocurrency you're buying and may also include a spread fee. The spread fee is the difference between the buying and selling price of the cryptocurrency. It's important to factor in these fees when calculating the total cost of your crypto purchase on PayPal.
  • avatarDec 17, 2021 · 3 years ago
    When purchasing cryptocurrencies on PayPal, there are fees involved. PayPal charges a transaction fee for each purchase, which is usually a percentage of the transaction amount. Additionally, there may be a spread fee, which is the difference between the buying and selling price of the cryptocurrency. It's worth noting that these fees can vary depending on the specific cryptocurrency you're buying. To get the most accurate information on the fees associated with buying crypto on PayPal, I recommend checking PayPal's website or contacting their customer support.