There are a lot of different ways to buy and sell cryptocurrency, but two of the most popular methods are through Coinbase and PayPal. So, which one is cheaper? Let’s take a look.
Coinbase is one of the largest cryptocurrency exchanges and allows you to buy and sell Bitcoin, Ethereum, Litecoin, and more. They charge a flat fee of $2.99 for transactions under $200.
For transactions over $200, they charge a 1.49% fee.
PayPal, on the other hand, allows you to buy and sell Bitcoin through their platform. They don’t charge any fees for buying or selling Bitcoin, but they do charge a 3.
NOTE: It is important to note that the fees associated with PayPal and Coinbase can vary depending on the currency being exchanged, transaction amount, and other factors. Therefore, it is not possible to definitively say that one is cheaper than the other. Additionally, Coinbase charges a flat fee for transactions while PayPal may charge a percentage fee in addition to the flat fee. It is important to understand all fees associated with your exchange before making a decision and always consider any additional costs such as exchange rates.
99% fee for converting fiat currency to or from Bitcoin.
So, which one is cheaper? It really depends on what you’re looking to do. If you’re just looking to buy or sell cryptocurrency, then Coinbase is probably the better option since they have lower fees.
However, if you’re looking to convert fiat currency to or from Bitcoin, then PayPal is probably the better option since they don’t have any fees for buying or selling Bitcoin.
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