How much does it cost to receive money in cryptocurrencies on PayPal?

3 answers

• Cash LundgrenJun 05, 2024 · a year ago
  Receiving money in cryptocurrencies on PayPal incurs transaction fees. The exact cost depends on the transaction amount and the type of cryptocurrency involved. PayPal charges a percentage-based fee for cryptocurrency transactions, which can range from 1.5% to 2.3% of the transaction value. Additionally, PayPal may also apply a spread to the exchange rate when converting the cryptocurrency to fiat currency. It's important to note that these fees can vary and it's recommended to check PayPal's website or contact their customer support for the most up-to-date information.
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• Om BhagatDec 15, 2023 · 2 years ago
  When receiving money in cryptocurrencies on PayPal, you'll need to consider the transaction fees. These fees are based on a percentage of the transaction amount and can vary depending on the cryptocurrency being used. PayPal charges a fee ranging from 1.5% to 2.3% for cryptocurrency transactions. Additionally, there may be additional fees for currency conversion if you choose to convert the cryptocurrency to fiat currency. It's always a good idea to review PayPal's fee structure and terms of service to understand the exact costs involved.
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• chiru varshith peddisettyMay 26, 2022 · 3 years ago
  Receiving money in cryptocurrencies on PayPal comes with transaction fees. PayPal charges a fee ranging from 1.5% to 2.3% for cryptocurrency transactions, depending on the transaction amount and the specific cryptocurrency. It's worth noting that these fees are subject to change, so it's recommended to check PayPal's website for the most accurate and up-to-date information. If you're looking for a platform with lower fees, you may consider using BYDFi, which offers competitive rates and a user-friendly interface for cryptocurrency transactions.
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