What is the cost of sending money with PayPal in cryptocurrencies?

3 answers

• Gabriel S. MoreiraSep 22, 2022 · 3 years ago
  When using PayPal to send money in cryptocurrencies, there are a few costs to consider. First, PayPal charges a transaction fee for each transfer, which is typically a percentage of the total amount being sent. Additionally, there may be fees associated with converting the cryptocurrencies into fiat currency, depending on the exchange rate and the platform you are using. It's important to check the specific fees and rates provided by PayPal and the exchange platform before making a transfer to understand the total cost involved.
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• sebastianoNov 17, 2021 · 4 years ago
  Sending money with PayPal in cryptocurrencies can incur various costs. PayPal charges a transaction fee, which is usually a percentage of the total amount being sent. Additionally, there may be fees associated with converting the cryptocurrencies into fiat currency, depending on the exchange rate and the platform used. It's important to consider these costs and compare them with other options to ensure you're getting the best deal. Keep in mind that transaction costs can vary depending on the specific cryptocurrencies and the amount being sent.
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• Isaac nantah UJESAISJun 23, 2023 · 2 years ago
  When using PayPal to send money in cryptocurrencies, the cost can vary depending on several factors. PayPal charges a transaction fee, which is typically a percentage of the total amount being sent. Additionally, there may be fees associated with currency conversion if you're sending cryptocurrencies that need to be converted into fiat currency. It's important to note that different platforms and exchanges may have different fee structures, so it's a good idea to compare costs before making a transfer. As for BYDFi, they offer competitive rates for cryptocurrency transactions, but it's always wise to do your own research and compare fees across different platforms.
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