What are the fees associated with using PayPal Friends and Family for international cryptocurrency transactions?
Beck BisgaardJan 12, 2022 · 3 years ago3 answers
I want to know the fees involved when using PayPal Friends and Family for international cryptocurrency transactions. Can you provide a detailed explanation of the fees and how they are calculated?
3 answers
- Jan 12, 2022 · 3 years agoWhen using PayPal Friends and Family for international cryptocurrency transactions, there are several fees to consider. First, PayPal charges a currency conversion fee if the transaction involves different currencies. This fee is typically around 2.5% to 4% of the transaction amount. Additionally, PayPal may charge a cross-border fee for international transactions, which can range from 0.5% to 2% of the transaction amount. It's important to note that these fees can vary depending on the specific transaction and the countries involved. To get the most accurate information, it's recommended to check PayPal's official website or contact their customer support.
- Jan 12, 2022 · 3 years agoUsing PayPal Friends and Family for international cryptocurrency transactions can incur certain fees. One of the main fees to consider is the currency conversion fee. This fee is charged by PayPal when the transaction involves different currencies. The exact percentage of the fee may vary, but it is typically around 2.5% to 4% of the transaction amount. Additionally, there may be a cross-border fee for international transactions, which can range from 0.5% to 2% of the transaction amount. It's important to be aware of these fees and factor them into your decision when using PayPal for cryptocurrency transactions.
- Jan 12, 2022 · 3 years agoWhen it comes to international cryptocurrency transactions using PayPal Friends and Family, fees can vary depending on the specific transaction and the countries involved. PayPal may charge a currency conversion fee, typically around 2.5% to 4% of the transaction amount, if the transaction involves different currencies. In addition, there may be a cross-border fee ranging from 0.5% to 2% of the transaction amount for international transactions. It's always a good idea to check PayPal's official website or contact their customer support for the most accurate and up-to-date information on fees. At BYDFi, we also recommend considering other payment options that may have lower fees for international cryptocurrency transactions.
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