What are the fees associated with buying and selling cryptocurrencies on Coinbase using PayPal?
AnwarProgrammerDec 25, 2021 · 3 years ago3 answers
Can you provide details on the fees charged when buying or selling cryptocurrencies on Coinbase using PayPal? I would like to know the specific fees involved to better understand the costs associated with using this payment method.
3 answers
- Dec 25, 2021 · 3 years agoWhen buying or selling cryptocurrencies on Coinbase using PayPal, there are several fees to consider. Firstly, Coinbase charges a transaction fee of 2.5% for buying or selling digital assets. Additionally, PayPal may charge its own fees for using their platform. These fees can vary depending on your location and the specific transaction details. It's important to review both Coinbase and PayPal's fee structures to understand the total cost involved.
- Dec 25, 2021 · 3 years agoThe fees associated with buying and selling cryptocurrencies on Coinbase using PayPal can be broken down into two parts. Coinbase charges a transaction fee of 2.5% for each transaction, which is applied to the total amount of the transaction. On top of that, PayPal may also charge fees for using their platform, which can vary depending on your location and the specific transaction details. It's recommended to check both Coinbase and PayPal's fee schedules to get a clear understanding of the costs.
- Dec 25, 2021 · 3 years agoWhen it comes to buying and selling cryptocurrencies on Coinbase using PayPal, there are a few fees to keep in mind. Coinbase charges a transaction fee of 2.5% for each transaction, which is deducted from the total amount. Additionally, PayPal may also charge fees for using their platform, which can vary depending on your location and the specific transaction details. It's worth noting that these fees are subject to change, so it's always a good idea to check the latest fee information on both Coinbase and PayPal's websites.
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