Are there any fees or limitations when connecting PayPal to Coinbase for crypto transactions?

3 answers

• Dec 28, 2021 · 3 years ago
  When connecting PayPal to Coinbase for crypto transactions, there are a few fees and limitations to keep in mind. First, Coinbase charges a fee of 2.5% for each transaction made with PayPal. This fee covers the processing and conversion of funds. Additionally, there may be additional fees imposed by PayPal for using their service for cryptocurrency transactions. It's important to check with PayPal for their specific fee structure. As for limitations, Coinbase has a daily transaction limit of $25,000 when using PayPal. This means that you can only transact up to $25,000 worth of cryptocurrency per day using PayPal on Coinbase. If you need to transact larger amounts, you may need to consider alternative payment methods or contact Coinbase support for further assistance.
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• Dec 28, 2021 · 3 years ago
  Connecting PayPal to Coinbase for crypto transactions comes with certain fees and limitations. Coinbase charges a 2.5% fee for each transaction made with PayPal, which covers the processing and conversion of funds. It's important to factor in this fee when calculating the total cost of your transactions. Additionally, PayPal may also impose their own fees for using their service for cryptocurrency transactions. It's recommended to review PayPal's fee structure to understand the complete cost involved. In terms of limitations, Coinbase has a daily transaction limit of $25,000 when using PayPal. This means that you can only transact up to $25,000 worth of cryptocurrency per day using PayPal on Coinbase. If you need to transact larger amounts, you may need to explore other payment options or contact Coinbase support for assistance.
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• Dec 28, 2021 · 3 years ago
  When connecting PayPal to Coinbase for crypto transactions, it's important to be aware of the fees and limitations involved. Coinbase charges a 2.5% fee for each transaction made with PayPal, covering the processing and conversion of funds. This fee can add up, so it's important to consider it when planning your transactions. Additionally, PayPal may also charge their own fees for using their service for cryptocurrency transactions. It's recommended to review PayPal's fee structure to understand the complete cost. As for limitations, Coinbase has a daily transaction limit of $25,000 when using PayPal. This means that you can only transact up to $25,000 worth of cryptocurrency per day using PayPal on Coinbase. If you need to transact larger amounts, you may need to explore other payment options or contact Coinbase support for assistance.
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