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What are the fees associated with buying ETH with PayPal?

avatarmezlinDec 28, 2021 · 3 years ago3 answers

When buying ETH with PayPal, what are the fees that I should expect to pay? I want to know if there are any additional charges or hidden fees that I need to be aware of.

What are the fees associated with buying ETH with PayPal?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    When buying ETH with PayPal, you should be aware that there are usually fees involved. These fees can vary depending on the platform or exchange you use. Some exchanges may charge a flat fee, while others may charge a percentage of the transaction amount. It's important to check the fee structure of the specific platform you plan to use before making a purchase. Additionally, PayPal itself may charge fees for using their service to buy cryptocurrencies. These fees can include currency conversion fees, transaction fees, and other charges. Make sure to review PayPal's fee schedule to understand the total cost of buying ETH with PayPal.
  • avatarDec 28, 2021 · 3 years ago
    Buying ETH with PayPal can come with fees that you should consider. Different platforms and exchanges have different fee structures, so it's important to do your research before making a purchase. Some platforms may charge a fixed fee, while others may charge a percentage of the transaction amount. Additionally, PayPal may also charge fees for using their service to buy cryptocurrencies. These fees can include currency conversion fees and transaction fees. To get a clear understanding of the fees associated with buying ETH with PayPal, check the fee schedules of both the platform or exchange you plan to use and PayPal itself.
  • avatarDec 28, 2021 · 3 years ago
    When buying ETH with PayPal, it's important to consider the fees involved. While I can't speak for all platforms or exchanges, I can tell you that at BYDFi, we strive to provide transparent and competitive fee structures for our users. We charge a flat fee of 1.5% for buying ETH with PayPal. This fee covers the costs associated with processing the transaction and providing a secure platform for buying and selling cryptocurrencies. However, please note that fees may vary on other platforms or exchanges, so it's always a good idea to compare fee structures before making a purchase.