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Are there any fees or limitations when buying crypto with PayPal?

avatarRaphael FleischerDec 29, 2021 · 3 years ago3 answers

What fees or limitations should I be aware of when purchasing cryptocurrencies using PayPal?

Are there any fees or limitations when buying crypto with PayPal?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    When buying crypto with PayPal, it's important to be aware of any fees or limitations that may apply. While PayPal itself does not charge any fees for buying cryptocurrencies, you may encounter fees from the platform or exchange you use to make the purchase. Additionally, some exchanges may have certain limitations on the amount you can buy or the types of cryptocurrencies available for purchase. It's always a good idea to research and compare different platforms and exchanges to find the one that best suits your needs and offers the most favorable fees and limitations.
  • avatarDec 29, 2021 · 3 years ago
    Buying crypto with PayPal can be a convenient option, but it's essential to consider any fees or limitations that may come with it. While PayPal itself doesn't charge fees for buying cryptocurrencies, the platform or exchange you use may have their own fee structure. It's important to check the fee schedule of the platform or exchange to understand the costs involved. Additionally, some platforms may have limitations on the amount you can buy or the types of cryptocurrencies available for purchase. It's advisable to read the terms and conditions and do your research before making a purchase.
  • avatarDec 29, 2021 · 3 years ago
    When it comes to buying crypto with PayPal, it's crucial to understand the fees and limitations involved. While PayPal itself doesn't charge fees for buying cryptocurrencies, the exchange or platform you use may have their own fee structure. For example, BYDFi charges a small fee for each transaction made using PayPal. Additionally, there may be limitations on the amount you can buy or the types of cryptocurrencies available for purchase. It's always a good idea to check the fee schedule and terms of service of the platform or exchange you plan to use to ensure you are aware of any fees or limitations before making a purchase.