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Are there any fees when buying crypto with PayPal?

avatarJohnson DsouzaJan 01, 2022 · 3 years ago3 answers

What are the fees associated with purchasing cryptocurrency using PayPal?

Are there any fees when buying crypto with PayPal?

3 answers

  • avatarJan 01, 2022 · 3 years ago
    Yes, there are fees when buying crypto with PayPal. The fees vary depending on the platform or exchange you use. Some platforms charge a percentage fee based on the transaction amount, while others may charge a fixed fee per transaction. It's important to check the fee structure of the platform or exchange you plan to use before making a purchase.
  • avatarJan 01, 2022 · 3 years ago
    Absolutely! When you buy crypto with PayPal, you'll encounter fees. These fees can vary from platform to platform, so it's crucial to do your research and compare the fees before making a decision. Some platforms may charge a percentage fee, while others may have a flat fee. Keep in mind that these fees can add up, so it's important to factor them into your overall investment strategy.
  • avatarJan 01, 2022 · 3 years ago
    Yes, there are fees when buying crypto with PayPal. At BYDFi, for example, there is a 1.5% fee for buying crypto using PayPal. However, it's worth noting that the convenience and ease of using PayPal to purchase crypto may outweigh the fees for some users. It's always a good idea to compare fees across different platforms and consider the overall user experience before making a decision.