common-close-0
BYDFi
Trade wherever you are!

What are the fees for buying digital currencies on Binance using PayPal?

avatarBonde DentonDec 30, 2021 · 3 years ago3 answers

Can you provide details about the fees associated with purchasing digital currencies on Binance using PayPal?

What are the fees for buying digital currencies on Binance using PayPal?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    When buying digital currencies on Binance using PayPal, there are several fees to consider. First, Binance charges a transaction fee of 1.49% for purchases made with PayPal. Additionally, PayPal may charge its own fees for using their platform. It's important to check with PayPal to understand their fee structure before making a purchase on Binance. Keep in mind that fees may vary depending on the specific digital currency being purchased and the amount of the transaction. It's always a good idea to review the fee details before proceeding with the purchase.
  • avatarDec 30, 2021 · 3 years ago
    Buying digital currencies on Binance using PayPal incurs certain fees. Binance charges a transaction fee of 1.49% for PayPal purchases. However, it's worth noting that PayPal may also charge fees for using their platform. It's recommended to check both Binance and PayPal's fee structures to get a clear understanding of the total costs involved. Remember to consider the specific digital currency you're purchasing and the transaction amount, as these factors can also impact the fees. Taking the time to review the fee details will help you make informed decisions and avoid any surprises.
  • avatarDec 30, 2021 · 3 years ago
    When purchasing digital currencies on Binance using PayPal, you'll encounter fees. Binance charges a transaction fee of 1.49% for PayPal transactions. It's important to note that PayPal may also have its own fees for using their service. To get a complete picture of the fees involved, it's recommended to review the fee structures of both Binance and PayPal. Keep in mind that fees can vary depending on the digital currency and transaction amount. Taking the time to understand the fees will help you plan your purchases effectively and avoid any unexpected costs.