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Are there any fees involved when sending digital currencies on the PayPal app?

avatarN B Kundan SettyDec 29, 2021 · 3 years ago3 answers

When using the PayPal app to send digital currencies, are there any fees that need to be paid? How much are the fees and how are they calculated?

Are there any fees involved when sending digital currencies on the PayPal app?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, there are fees associated with sending digital currencies on the PayPal app. The fees vary depending on the amount being sent and the type of digital currency. PayPal charges a percentage-based fee for each transaction, which is deducted from the total amount being sent. The fee is typically around 2-3% but can vary. It's important to note that the fees are subject to change, so it's always a good idea to check the latest fee structure on the PayPal website or app before making a transaction.
  • avatarDec 29, 2021 · 3 years ago
    Absolutely! When you send digital currencies through the PayPal app, there are fees involved. The fees are based on the amount you're sending and the specific digital currency you're using. PayPal charges a percentage fee for each transaction, which means the more you send, the higher the fee. The fee is automatically deducted from the total amount you're sending, so make sure to take that into account when calculating how much you want to send.
  • avatarDec 29, 2021 · 3 years ago
    Yes, there are fees when sending digital currencies on the PayPal app. The fees are calculated based on a percentage of the total amount being sent. The exact fee percentage depends on the specific digital currency and can vary. For example, if you're sending Bitcoin, the fee might be different from sending Ethereum. It's important to check the fee structure on the PayPal app or website to get the most accurate information about the fees before making a transaction. Keep in mind that fees can change over time, so it's always a good idea to stay updated on the latest fee structure.