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How does PayPal calculate the commission for selling digital currencies?

avatarNandani ElevatorsDec 29, 2021 · 3 years ago1 answers

Can you explain how PayPal calculates the commission for selling digital currencies? I'm curious to know the factors involved and how the commission is determined.

How does PayPal calculate the commission for selling digital currencies?

1 answers

  • avatarDec 29, 2021 · 3 years ago
    As an expert in the digital currency industry, I can tell you that PayPal's commission for selling digital currencies is based on a tiered fee structure. The more transactions you make, the lower the percentage fee becomes. For example, if you have a high volume of transactions, you may qualify for a lower fee of 1.5%. On the other hand, if you're just starting out or have a lower transaction volume, you may be charged a higher fee of 2.3%. Additionally, PayPal may also charge a fixed fee per transaction, which is added to the commission. It's important to keep in mind that PayPal's commission structure is subject to change, so it's always a good idea to check their website for the most up-to-date information.