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What are the fees associated with buying crypto using PayPal?

avatarMariel RyersonDec 17, 2021 · 3 years ago3 answers

I'm interested in buying cryptocurrency using PayPal, but I'm not sure about the fees involved. Can you please provide me with information on the fees associated with buying crypto using PayPal?

What are the fees associated with buying crypto using PayPal?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    When buying crypto using PayPal, there are typically fees involved. The fees can vary depending on the platform or exchange you use. Some platforms may charge a percentage fee based on the transaction amount, while others may charge a flat fee. It's important to check the specific fees charged by the platform or exchange you plan to use before making a purchase. Additionally, PayPal itself may charge fees for certain transactions, so it's worth considering those as well.
  • avatarDec 17, 2021 · 3 years ago
    Buying crypto using PayPal can come with fees. These fees can include transaction fees charged by the platform or exchange you use, as well as fees charged by PayPal for the transaction. The specific fees can vary, so it's important to do your research and compare different platforms or exchanges to find the most cost-effective option. Keep in mind that fees are just one factor to consider when buying crypto, and it's also important to consider factors such as security, user experience, and available cryptocurrencies.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to buying crypto using PayPal, fees can vary depending on the platform or exchange you choose. Some platforms may charge a percentage fee, while others may charge a flat fee. It's important to note that different platforms may have different fee structures, so it's worth comparing options to find the best deal. As for BYDFi, they offer competitive fees for buying crypto using PayPal, making it a popular choice for many users. However, it's always a good idea to compare fees and features across different platforms to find the one that suits your needs best.