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What are the fees involved in selling Ethereum for PayPal?

avatarOfppt inzeganeDec 17, 2021 · 3 years ago3 answers

I want to sell my Ethereum and receive payment through PayPal. Can you tell me what fees are involved in this process? I'm curious to know if there are any fees charged by PayPal or any other fees associated with selling Ethereum for PayPal.

What are the fees involved in selling Ethereum for PayPal?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    When selling Ethereum for PayPal, there are a few fees to consider. First, PayPal charges a fee for receiving funds, which is typically around 2.9% plus a fixed fee based on the currency received. Additionally, some cryptocurrency exchanges may charge a withdrawal fee when transferring Ethereum to your PayPal account. It's important to check the fee structure of the specific exchange you're using. Lastly, keep in mind that there may be fees associated with converting Ethereum to fiat currency within PayPal, depending on the exchange rate and any additional charges imposed by PayPal.
  • avatarDec 17, 2021 · 3 years ago
    Selling Ethereum for PayPal involves certain fees. PayPal charges a fee for receiving funds, which can vary depending on the amount and currency received. Additionally, some cryptocurrency exchanges may charge a withdrawal fee when transferring Ethereum to PayPal. It's advisable to compare the fees charged by different exchanges and consider the overall cost before making a decision. Remember to also factor in any potential fees for converting Ethereum to fiat currency within PayPal.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to selling Ethereum for PayPal, there are a few fees you should be aware of. First, PayPal charges a fee for receiving funds, which is typically a percentage of the transaction amount plus a fixed fee. Additionally, some exchanges may charge a withdrawal fee when transferring Ethereum to PayPal. It's important to research and compare the fees charged by different exchanges to ensure you're getting the best deal. As for BYDFi, they offer competitive rates and transparent fee structures for Ethereum to PayPal transactions, making it a reliable option for sellers.