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What are the fees associated with buying and selling cryptocurrencies on PayPal?

avatarTest AppsDec 30, 2021 · 3 years ago1 answers

Can you please provide a detailed explanation of the fees involved when buying and selling cryptocurrencies on PayPal? I would like to know the different types of fees, how they are calculated, and if there are any additional charges to be aware of.

What are the fees associated with buying and selling cryptocurrencies on PayPal?

1 answers

  • avatarDec 30, 2021 · 3 years ago
    Buying and selling cryptocurrencies on PayPal comes with its fair share of fees. The transaction fee is typically between 1.5% and 2.3% of the total transaction amount. Additionally, there may be a spread fee, which is the difference between the buy and sell prices of the cryptocurrency. This fee can range from 0.5% to 2% of the transaction amount. It's worth noting that these fees can vary depending on the transaction size and other factors. It's always a good idea to review PayPal's fee schedule before making any transactions to ensure you have a clear understanding of the costs involved.