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Are there any fees associated with receiving a refund of cryptocurrency from a friend via PayPal?

avatarprafful shuklaDec 30, 2021 · 3 years ago3 answers

When receiving a refund of cryptocurrency from a friend via PayPal, are there any fees that I need to be aware of? How does PayPal handle cryptocurrency refunds and what are the associated costs?

Are there any fees associated with receiving a refund of cryptocurrency from a friend via PayPal?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Yes, there may be fees associated with receiving a refund of cryptocurrency from a friend via PayPal. PayPal charges a transaction fee for cryptocurrency transactions, which can vary depending on the amount and currency involved. It's important to check PayPal's fee schedule or contact their customer support for the most accurate and up-to-date information on fees.
  • avatarDec 30, 2021 · 3 years ago
    Receiving a refund of cryptocurrency from a friend via PayPal may incur fees. PayPal's fee structure for cryptocurrency transactions includes a percentage-based fee that is applied to the transaction amount. The exact fee percentage can vary and it's recommended to review PayPal's fee schedule for the specific details.
  • avatarDec 30, 2021 · 3 years ago
    When it comes to receiving a refund of cryptocurrency from a friend via PayPal, there might be fees involved. PayPal charges a fee for cryptocurrency transactions, which is typically a percentage of the transaction amount. However, it's worth noting that the fees can vary based on factors such as the currency and the transaction size. To get the most accurate information on the fees, it's advisable to refer to PayPal's official documentation or reach out to their customer support.