How do the fees for buying cryptocurrencies with PayPal compare to those on Coinbase?

3 answers

• Mar 23, 2022 · 3 years ago
  When it comes to buying cryptocurrencies with PayPal, the fees can vary depending on the platform you use. PayPal itself charges a fee for converting your currency into cryptocurrency, and this fee can range from 2.3% to 3.9% of the transaction amount. On the other hand, Coinbase charges a fee for buying and selling cryptocurrencies, which is typically around 1.49% for transactions under $200 and 0.5% for transactions over $200. So, in terms of fees, Coinbase generally offers lower rates compared to PayPal. However, it's important to note that these fees can change over time, so it's always a good idea to check the latest fee structure before making a transaction.
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• Mar 23, 2022 · 3 years ago
  Buying cryptocurrencies with PayPal can be convenient, but it's important to consider the fees involved. PayPal charges a fee for converting your currency into cryptocurrency, which can be higher compared to other platforms. On the other hand, Coinbase charges a fee for buying and selling cryptocurrencies, but the rates are generally lower compared to PayPal. So, if you're looking for lower fees, Coinbase might be a better option. However, it's always a good idea to compare the fees and features of different platforms before making a decision.
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• Mar 23, 2022 · 3 years ago
  When it comes to buying cryptocurrencies with PayPal, the fees can be higher compared to platforms like Coinbase. PayPal charges a fee for converting your currency into cryptocurrency, and this fee can range from 2.3% to 3.9% of the transaction amount. On the other hand, Coinbase charges a fee for buying and selling cryptocurrencies, but the rates are generally lower. So, if you're looking for lower fees, Coinbase might be a better option. However, it's important to consider other factors like security, user experience, and available cryptocurrencies before choosing a platform.
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