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Are there any fees when buying crypto on PayPal?

avatarJustin ChongDec 30, 2021 · 3 years ago3 answers

When purchasing cryptocurrencies on PayPal, do I need to pay any fees?

Are there any fees when buying crypto on PayPal?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Yes, there are fees associated with buying crypto on PayPal. When you make a purchase, PayPal charges a transaction fee based on the total amount. Additionally, there may be additional fees depending on the specific cryptocurrency you are buying. It's important to review PayPal's fee schedule and the terms and conditions before making a purchase.
  • avatarDec 30, 2021 · 3 years ago
    Absolutely! PayPal does charge fees for buying cryptocurrencies. The fees can vary depending on the amount you're buying and the specific cryptocurrency. It's always a good idea to check the fees before making a purchase to avoid any surprises.
  • avatarDec 30, 2021 · 3 years ago
    Indeed, there are fees when buying crypto on PayPal. PayPal charges a transaction fee for each purchase, which is typically a percentage of the total amount. However, it's worth noting that some other platforms may have lower fees or even offer fee-free transactions. So, it's a good idea to compare different options before making a decision. At BYDFi, we also offer cryptocurrency trading services with competitive fees and a user-friendly interface.