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What are the fees involved when buying bitcoin instantly with PayPal?

avatarpark giseokDec 29, 2021 · 3 years ago3 answers

When purchasing bitcoin instantly with PayPal, what are the fees that I need to consider?

What are the fees involved when buying bitcoin instantly with PayPal?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    When buying bitcoin instantly with PayPal, you should be aware of the fees involved. PayPal charges a fee for each transaction, which is typically a percentage of the total amount. Additionally, some bitcoin exchanges may also charge a fee for using PayPal as a payment method. It's important to check the fees of both PayPal and the exchange before making a purchase to ensure you understand the total cost involved.
  • avatarDec 29, 2021 · 3 years ago
    The fees associated with buying bitcoin instantly with PayPal can vary depending on the platform you use. PayPal itself charges a fee for each transaction, which is usually a percentage of the total amount. On top of that, the bitcoin exchange you choose may also have its own fees for using PayPal. It's recommended to compare the fees of different exchanges and choose the one that offers the most competitive rates.
  • avatarDec 29, 2021 · 3 years ago
    When purchasing bitcoin instantly with PayPal, it's crucial to consider the fees involved. PayPal charges a fee for each transaction, and this fee can vary depending on factors such as the country you're in and the amount you're buying. Additionally, the bitcoin exchange you use may also have its own fees. To get a clear understanding of the total fees, it's recommended to check the fees of both PayPal and the exchange before proceeding with the purchase. Remember to factor in these fees when calculating the total cost of your bitcoin purchase.