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What are the fees associated with receiving money in cryptocurrencies on PayPal?

avatarAtreyee SahaDec 18, 2021 · 3 years ago1 answers

Can you please provide a detailed explanation of the fees associated with receiving money in cryptocurrencies on PayPal? I would like to know the specific charges and any additional costs that may be involved.

What are the fees associated with receiving money in cryptocurrencies on PayPal?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    Let's talk about the fees associated with receiving money in cryptocurrencies on PayPal. PayPal charges a transaction fee for receiving payments in cryptocurrencies, and this fee is usually a percentage of the total amount received. The exact percentage may vary depending on factors such as the country and the type of cryptocurrency. Additionally, PayPal may also charge a conversion fee if the received cryptocurrency needs to be converted to another currency. This fee is typically a percentage of the converted amount. It's important to keep these fees in mind when using PayPal for cryptocurrency transactions, as they can affect the final amount you receive.