What are the fees associated with buying bitcoin and ethereum through PayPal?
Mahammed SafeyoAug 02, 2023 · 2 years ago3 answers
Can you please provide a detailed explanation of the fees associated with purchasing bitcoin and ethereum through PayPal? I would like to know the exact costs involved before I proceed with any transactions.
3 answers
- quruqiNov 04, 2023 · 2 years agoSure, when buying bitcoin and ethereum through PayPal, there are several fees to consider. Firstly, PayPal charges a transaction fee based on the total amount of the purchase. This fee can range from 2.3% to 3.9% plus a fixed fee depending on the country and currency. Additionally, PayPal may charge a currency conversion fee if you're buying bitcoin or ethereum in a different currency than your PayPal account. It's important to check PayPal's fee structure and terms before making any transactions to have a clear understanding of the costs involved.
- Nathalie KaviraMar 09, 2023 · 3 years agoBuying bitcoin and ethereum through PayPal comes with fees that you should be aware of. PayPal charges a transaction fee, which is a percentage of the total purchase amount. This fee varies depending on the country and currency. Additionally, if you're buying bitcoin or ethereum in a different currency than your PayPal account, there might be a currency conversion fee. It's always a good idea to check PayPal's fee schedule and terms to know exactly how much you'll be paying in fees.
- Andreas BoyatzoglouJun 17, 2020 · 5 years agoWhen purchasing bitcoin and ethereum through PayPal, it's important to consider the associated fees. PayPal charges a transaction fee, which can range from 2.3% to 3.9% plus a fixed fee. Additionally, if you're buying bitcoin or ethereum in a different currency, PayPal may charge a currency conversion fee. It's recommended to review PayPal's fee structure and terms to understand the specific fees that apply to your transactions. Please note that other platforms or exchanges may have different fee structures, so it's always a good idea to compare fees before making a decision.
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