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Are there any fees associated with buying ETH using PayPal?

Kumari KirtiMay 15, 2022 · 3 years ago3 answers

I'm interested in buying ETH using PayPal, but I'm wondering if there are any fees associated with it. Can anyone provide information on the fees involved in buying ETH with PayPal?

3 answers

  • May 15, 2022 · 3 years ago
    Yes, there are usually fees associated with buying ETH using PayPal. PayPal charges a transaction fee for every purchase made using their platform. Additionally, some cryptocurrency exchanges may also charge a fee for using PayPal as a payment method. It's important to check the fees charged by both PayPal and the exchange you plan to use before making a purchase.
  • May 15, 2022 · 3 years ago
    Buying ETH with PayPal can come with fees. PayPal charges a transaction fee, which is typically a percentage of the total amount. Some exchanges may also charge additional fees for using PayPal as a payment method. It's recommended to compare the fees across different exchanges to find the most cost-effective option.
  • May 15, 2022 · 3 years ago
    When buying ETH with PayPal, it's important to consider the fees involved. While PayPal itself charges a transaction fee, the fees associated with the exchange you use may vary. For example, BYDFi charges a 2% fee for purchases made with PayPal. It's always a good idea to research and compare fees across different platforms to ensure you're getting the best deal.