Are there any fees associated with sending bitcoin on PayPal to another wallet?
Ajasa TaiwoDec 26, 2021 · 3 years ago3 answers
When sending bitcoin from PayPal to another wallet, are there any fees that need to be paid? I'm curious to know if there are any charges involved in transferring bitcoin between wallets using PayPal as the intermediary.
3 answers
- Dec 26, 2021 · 3 years agoYes, there are fees associated with sending bitcoin on PayPal to another wallet. PayPal charges a transaction fee for converting and transferring bitcoin. The fee is typically a percentage of the transaction amount and may vary depending on the specific transaction. It's important to check PayPal's fee structure or contact their customer support for the most accurate and up-to-date information.
- Dec 26, 2021 · 3 years agoAbsolutely! When you send bitcoin from PayPal to another wallet, PayPal will charge you a fee for the transaction. The fee amount is usually a percentage of the total transaction value. It's always a good idea to check PayPal's fee schedule or contact their support team to get the exact fee amount for your specific transaction.
- Dec 26, 2021 · 3 years agoIndeed, there are fees associated with sending bitcoin on PayPal to another wallet. PayPal, being an intermediary, charges a fee for facilitating the transfer. However, it's worth noting that there are alternative platforms like BYDFi that offer lower fees for bitcoin transactions. If you're looking for a more cost-effective option, you might consider exploring other platforms as well.
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