What is the fee structure for Coinbase when using PayPal?
Kavya GuptaNov 30, 2021 · 3 years ago3 answers
Can you explain the fee structure for Coinbase when using PayPal? I'm interested in knowing how much I will be charged for using PayPal to buy or sell cryptocurrencies on Coinbase.
3 answers
- Nov 30, 2021 · 3 years agoSure! When using PayPal on Coinbase, there are a few fees to keep in mind. First, Coinbase charges a fee of 3.99% for each transaction made with PayPal. This fee is applied to both buying and selling cryptocurrencies. Additionally, PayPal may charge its own fees for using their service, so it's important to check with PayPal for their specific fees. Overall, it's important to consider these fees when using PayPal on Coinbase to ensure you're aware of the total cost of your transactions.
- Nov 30, 2021 · 3 years agoThe fee structure for Coinbase when using PayPal is quite straightforward. Coinbase charges a flat fee of 3.99% for all transactions made with PayPal. This fee is applied to both buying and selling cryptocurrencies. It's important to note that this fee is in addition to any fees that PayPal may charge for using their service. Therefore, it's recommended to review both Coinbase's and PayPal's fee structures before making any transactions to understand the total cost involved.
- Nov 30, 2021 · 3 years agoWhen using PayPal on Coinbase, you'll be charged a fee of 3.99% for each transaction. This fee applies to both buying and selling cryptocurrencies. It's worth noting that this fee is specific to Coinbase and may vary for other exchanges. Additionally, PayPal may also charge its own fees for using their service. Therefore, it's important to consider these fees when deciding to use PayPal on Coinbase and compare them with other payment methods to determine the most cost-effective option for you.
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