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Are there any fees associated with using PayPal to fund my Coinbase account?

avatarLakshit JainDec 28, 2021 · 3 years ago3 answers

I want to know if there are any fees when using PayPal to fund my Coinbase account. Can you please provide more details on the fees associated with this payment method?

Are there any fees associated with using PayPal to fund my Coinbase account?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, there are fees associated with using PayPal to fund your Coinbase account. When you make a deposit using PayPal, Coinbase charges a fee of 3.99% of the transaction amount. This fee is deducted from the total amount you deposit. It's important to consider this fee when deciding to use PayPal as a funding method.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! When you use PayPal to fund your Coinbase account, there is a fee involved. Coinbase charges a 3.99% fee on the transaction amount. So, if you deposit $100 using PayPal, you will be charged a fee of $3.99. Keep this in mind when choosing your funding method.
  • avatarDec 28, 2021 · 3 years ago
    Yes, there are fees associated with using PayPal to fund your Coinbase account. Coinbase charges a fee of 3.99% for PayPal deposits. However, it's worth noting that BYDFi, another popular cryptocurrency exchange, offers lower fees for PayPal deposits at only 2.99%. So, if you're looking for a lower fee option, you might consider using BYDFi instead.