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Are there any fees associated with sending digital currency to friends and family through PayPal?

avatarIstieaque Chowdhury PretulDec 16, 2021 · 3 years ago3 answers

What are the fees associated with sending digital currency to friends and family through PayPal? How does PayPal calculate these fees?

Are there any fees associated with sending digital currency to friends and family through PayPal?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    When sending digital currency to friends and family through PayPal, there may be fees involved. PayPal charges a fee for converting the digital currency into the recipient's preferred currency. The fee is based on the exchange rate provided by PayPal and may vary. Additionally, PayPal may charge a transaction fee for the transfer. It's important to check PayPal's fee schedule for the most up-to-date information on these fees.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees associated with sending digital currency to friends and family through PayPal. PayPal charges a fee for currency conversion, which is based on the exchange rate at the time of the transaction. Additionally, PayPal may charge a transaction fee for the transfer. These fees can vary depending on the amount and type of digital currency being sent. It's recommended to review PayPal's fee schedule for detailed information on these fees.
  • avatarDec 16, 2021 · 3 years ago
    Sending digital currency to friends and family through PayPal may incur fees. PayPal charges a fee for converting the digital currency into the recipient's currency. The fee is based on the exchange rate and may vary. Additionally, PayPal may charge a transaction fee for the transfer. It's important to note that different payment methods and currencies may have different fee structures. For more information on the specific fees associated with your transaction, it's best to refer to PayPal's website or contact their customer support.