common-close-0
BYDFi
Trade wherever you are!

What are the fees associated with buying bitcoin via PayPal?

avatarkarDec 27, 2021 · 3 years ago3 answers

I'm interested in buying bitcoin using PayPal, but I'm not sure about the fees involved. Can you provide me with more information on the fees associated with buying bitcoin via PayPal?

What are the fees associated with buying bitcoin via PayPal?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    When buying bitcoin via PayPal, there are usually fees involved. The fees can 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 flat fee. It's important to check the fee structure of the platform you plan to use before making a purchase. Additionally, PayPal may also charge its own fees for using their service. These fees can include currency conversion fees, transaction fees, or withdrawal fees. It's recommended to review the fee schedule of both the platform and PayPal to understand the total cost involved in buying bitcoin via PayPal.
  • avatarDec 27, 2021 · 3 years ago
    Buying bitcoin via PayPal comes with certain fees that you should be aware of. The fees can vary depending on the platform or exchange you choose. Some platforms may charge a percentage fee, while others may charge a flat fee. It's important to compare the fee structures of different platforms to find the most cost-effective option. Additionally, PayPal may charge its own fees for using their service. These fees can include currency conversion fees, transaction fees, or withdrawal fees. To get a clear understanding of the fees associated with buying bitcoin via PayPal, it's recommended to check the fee schedules of both the platform and PayPal.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to buying bitcoin via PayPal, the fees can vary depending on the platform you use. At BYDFi, for example, the fees for buying bitcoin via PayPal are 1.5% of the transaction amount. This fee covers the processing and transaction costs involved in facilitating the purchase. It's important to note that these fees are subject to change and may vary on other platforms. To get the most accurate and up-to-date information on fees, it's recommended to check the fee schedule of the platform you plan to use. Additionally, PayPal may charge its own fees for using their service, so it's important to consider those as well.