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What are the fees for withdrawing money from PayPal to a cryptocurrency exchange?

Bengtson FlanaganMay 16, 2022 · 3 years ago3 answers

I would like to know the fees associated with withdrawing money from PayPal and transferring it to a cryptocurrency exchange. Can you provide me with the details of the fees involved in this process?

3 answers

  • May 16, 2022 · 3 years ago
    When withdrawing money from PayPal to a cryptocurrency exchange, the fees can vary depending on the exchange and the amount of money being transferred. Some exchanges may charge a flat fee, while others may charge a percentage of the total amount. It's important to check with the specific exchange you are using to get accurate information on their withdrawal fees.
  • May 16, 2022 · 3 years ago
    The fees for withdrawing money from PayPal to a cryptocurrency exchange can be quite high, especially if you are transferring a large amount of money. It's always a good idea to compare the fees charged by different exchanges before making a decision. Additionally, keep in mind that PayPal itself may also charge fees for the transfer.
  • May 16, 2022 · 3 years ago
    At BYDFi, the fees for withdrawing money from PayPal to a cryptocurrency exchange are 1% of the total amount being transferred. This fee is charged to cover the costs associated with the transfer process. However, it's worth noting that fees may vary depending on the specific transaction and market conditions. It's always a good idea to check the latest fee information on our platform before making any withdrawals.