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Are there any fees associated with sending cryptocurrencies to family and friends on PayPal?

avatar213 165 Nicholas SamuelDec 27, 2021 · 3 years ago3 answers

Is there a fee for sending cryptocurrencies to family and friends on PayPal? How much does it cost?

Are there any fees associated with sending cryptocurrencies to family and friends on PayPal?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with sending cryptocurrencies to family and friends on PayPal. The fee structure varies depending on the type and amount of cryptocurrency being sent. PayPal charges a transaction fee, which is a percentage of the total transaction amount. Additionally, there may be network fees associated with the cryptocurrency itself. It's important to review the fee schedule provided by PayPal and consider the current network fees before sending cryptocurrencies to family and friends on PayPal.
  • avatarDec 27, 2021 · 3 years ago
    Sending cryptocurrencies to family and friends on PayPal may incur fees. The fees can vary depending on the type of cryptocurrency and the amount being sent. It is recommended to check the fee schedule on PayPal's website or contact their customer support for the most accurate and up-to-date information regarding fees. It's always a good idea to be aware of any potential fees before making a transaction.
  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with sending cryptocurrencies to family and friends on PayPal. The fees can vary depending on the specific cryptocurrency and the amount being sent. It's important to note that these fees are separate from any transaction fees charged by the cryptocurrency network itself. To get the most accurate information on the fees, it's recommended to visit PayPal's website or contact their customer support. Additionally, it's worth considering alternative platforms or exchanges that may offer lower fees for sending cryptocurrencies to family and friends.