What is the difference in fees between PayPal and Coinbase for purchasing cryptocurrencies?

1 answers

• May 10, 2022 · 3 years ago
  When comparing the fees for purchasing cryptocurrencies on PayPal and Coinbase, there are some differences to consider. PayPal charges a fee of 2.3% for buying and selling cryptocurrencies, along with a spread fee. The spread fee is the difference between the market price and the exchange rate offered by PayPal. On the other hand, Coinbase charges a fee that varies depending on the payment method used. For bank transfers and Coinbase USD wallet, the fee is 1.49%. For debit and credit card purchases, the fee is 3.99%. Coinbase also has a spread fee, but it tends to be lower than PayPal's. It's worth noting that fees can change, so it's always a good idea to check the latest fee structure on both platforms before making a decision.
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