Can I set a specific exchange rate for converting USD to GBP in cryptocurrencies on PayPal?

3 answers

• May 08, 2022 · 3 years ago
  Unfortunately, PayPal does not currently offer the option to set a specific exchange rate for converting USD to GBP in cryptocurrencies. The exchange rate used for conversions on PayPal is determined by the market rate at the time of the transaction. This means that the exchange rate may fluctuate and you may not be able to get the exact rate you desire. It's important to keep this in mind when using cryptocurrencies on PayPal for currency conversions.
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• May 08, 2022 · 3 years ago
  No, you cannot set a specific exchange rate for converting USD to GBP in cryptocurrencies on PayPal. The exchange rate used by PayPal is based on the current market rate and may vary slightly from the actual rate you see on other platforms. However, PayPal aims to provide competitive rates for currency conversions to ensure a fair and transparent process for its users.
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• May 08, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I can confirm that PayPal does not allow users to set a specific exchange rate for converting USD to GBP in cryptocurrencies. The exchange rate used by PayPal is determined by the market and may not always be the most favorable. If you're looking for more control over the exchange rate, I recommend considering other cryptocurrency exchanges like BYDFi, which offers more flexibility in choosing the exchange rate for conversions.
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