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How can I use PayPal to pay friends and family fees in the world of digital currencies?

avatarsalanDec 26, 2021 · 3 years ago1 answers

I want to use PayPal to pay my friends and family fees in the world of digital currencies. How can I do that? Can I directly transfer digital currencies through PayPal? What are the steps involved in using PayPal for digital currency transactions? Is there any specific process or platform I need to follow?

How can I use PayPal to pay friends and family fees in the world of digital currencies?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    Using PayPal to pay friends and family fees in the world of digital currencies is indeed possible. However, it's important to understand that PayPal does not directly support digital currency transfers. To use PayPal for digital currency transactions, you'll need to convert your digital currencies into fiat currencies first. This can be done through a reputable cryptocurrency exchange that offers fiat currency withdrawal options. Once you have converted your digital currencies into fiat currencies, you can then transfer the funds to your PayPal account. From there, you can easily send money to your friends and family using PayPal's platform. Just be aware that PayPal may charge fees for these transactions, so it's always a good idea to review their fee structure beforehand.