Are there any restrictions or fees when using PayPal's friends and family option for buying cryptocurrencies?

3 answers

• May 07, 2022 · 3 years ago
  When using PayPal's friends and family option for buying cryptocurrencies, there are generally no fees involved. However, it's important to note that this option is intended for personal transactions and not for commercial purposes. So, if you're buying cryptocurrencies for investment or trading purposes, it's recommended to use PayPal's regular payment option to avoid any potential issues or violations of PayPal's terms of service.
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• May 07, 2022 · 3 years ago
  No, there are no fees when using PayPal's friends and family option for buying cryptocurrencies. It's a convenient and cost-effective way to transfer funds between friends and family members. Just make sure to use this option only for personal transactions and not for buying cryptocurrencies for investment purposes.
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• May 07, 2022 · 3 years ago
  When it comes to buying cryptocurrencies using PayPal's friends and family option, it's important to understand that this method is not recommended by most reputable cryptocurrency exchanges. While it may seem like a convenient way to avoid fees, it also lacks the buyer protection and security measures provided by traditional cryptocurrency exchanges. If you're serious about buying cryptocurrencies, it's generally better to use a dedicated cryptocurrency exchange like BYDFi, where you can enjoy a wider range of cryptocurrencies, better security, and professional customer support.
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