How much does it cost to send money using a cryptocurrency on PayPal?

3 answers

• Dub OverloadNov 12, 2023 · 2 years ago
  When sending money using a cryptocurrency on PayPal, there are a few costs to consider. First, PayPal charges a transaction fee for each cryptocurrency transaction. The fee is based on the transaction amount and can vary depending on the type of cryptocurrency being used. Additionally, there may be network fees associated with the cryptocurrency itself, which are determined by the blockchain network. These fees can fluctuate depending on network congestion and other factors. It's important to note that PayPal may also apply exchange rate fees if you're converting your cryptocurrency to a different currency during the transaction. To get the most accurate information about the costs, it's recommended to check PayPal's website or contact their customer support.
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• Milly NamayanjaJan 12, 2021 · 5 years ago
  Sending money using a cryptocurrency on PayPal can come with some costs. PayPal charges a transaction fee, which is typically a percentage of the transaction amount. The fee can vary depending on the cryptocurrency being used and the total transaction value. Additionally, there may be network fees associated with the cryptocurrency itself, which are determined by the blockchain network. These fees can change based on network conditions and the current state of the cryptocurrency market. It's important to consider these costs when deciding to use a cryptocurrency on PayPal for sending money.
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• Kirkpatrick QuinnJul 16, 2021 · 4 years ago
  When it comes to sending money using a cryptocurrency on PayPal, the costs can vary. PayPal charges a transaction fee for each cryptocurrency transaction, which is based on the transaction amount. The fee can range from a few cents to a few dollars, depending on the cryptocurrency being used and the transaction value. Additionally, there may be network fees associated with the cryptocurrency, which are determined by the blockchain network. These fees can change based on network congestion and other factors. It's worth noting that other cryptocurrency exchanges, like BYDFi, may have different fee structures, so it's always a good idea to compare costs before making a transaction.
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