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Are there any fees associated with buying crypto using PayPal on Binance?

avatarAman DhurweyDec 18, 2021 · 3 years ago3 answers

Can you tell me if there are any fees involved when purchasing cryptocurrencies using PayPal on the Binance platform?

Are there any fees associated with buying crypto using PayPal on Binance?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees associated with buying crypto using PayPal on Binance. When you make a purchase using PayPal, Binance charges a fee of 3.5% of the transaction amount. This fee covers the processing and conversion costs involved in using PayPal as a payment method. It's important to keep this fee in mind when calculating the total cost of your crypto purchase.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! Buying crypto using PayPal on Binance incurs a fee of 3.5%. This fee is automatically deducted from the transaction amount and covers the expenses related to PayPal processing and currency conversion. It's always a good idea to factor in this fee when planning your crypto purchases on Binance.
  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees associated with purchasing crypto using PayPal on Binance. Binance charges a 3.5% fee for transactions made with PayPal. This fee helps cover the costs of processing and converting funds between PayPal and cryptocurrencies. Keep in mind that this fee is subject to change, so it's a good idea to check Binance's fee schedule for the most up-to-date information.