What are the fees associated with using PayPal on GDAX to trade cryptocurrencies?
Brian HessDec 17, 2021 · 3 years ago3 answers
Can you please provide me with detailed information about the fees associated with using PayPal on GDAX to trade cryptocurrencies? I want to understand the costs involved before I start trading.
3 answers
- Dec 17, 2021 · 3 years agoSure! When using PayPal on GDAX to trade cryptocurrencies, there are a few fees to keep in mind. First, GDAX charges a trading fee of 0.25% for both market makers and takers. Additionally, PayPal may charge its own fees for transactions, which can vary depending on the country and the type of transaction. It's important to check with PayPal directly for their specific fees. Overall, it's advisable to consider these fees when planning your trades to ensure you have a clear understanding of the costs involved.
- Dec 17, 2021 · 3 years agoHey there! So, when it comes to using PayPal on GDAX for trading cryptocurrencies, you need to be aware of the fees involved. GDAX charges a trading fee of 0.25% for both makers and takers. On top of that, PayPal may have its own fees for transactions, which can differ based on your location and the type of transaction you're making. It's always a good idea to check with PayPal to get the most accurate information on their fees. Make sure to factor in these fees when deciding on your trading strategy to avoid any surprises!
- Dec 17, 2021 · 3 years agoWell, let me break it down for you. When you use PayPal on GDAX to trade cryptocurrencies, GDAX charges a trading fee of 0.25% for both makers and takers. On the other hand, PayPal may have its own fees for transactions, which can vary depending on where you're located and the type of transaction you're conducting. It's important to note that these fees can add up, so it's a good idea to consider them when planning your trades. Keep in mind that other payment methods may have different fee structures, so it's worth exploring your options before making a decision.
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