Cryptocurrency Q&A
How much does PayPal charge for currency exchange?
How much does PayPal charge for currency exchange?
Alessandra
Wed Mar 05 2025
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7
answers
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I am planning to use PayPal for an international transaction, but I am concerned about the currency exchange fees. I would like to know how much PayPal charges for currency conversions.
7 answers
HanbokGlamour
Fri Mar 07 2025
Currency exchange services, including banks and money transfer companies, frequently apply markups to their exchange rates.
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EthereumLegend
Fri Mar 07 2025
These markups serve dual purposes: they cover the operational costs incurred by the service provider.
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Daniele
Fri Mar 07 2025
Additionally, they contribute to the provider's profit margins.
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CryptoLegend
Fri Mar 07 2025
The PayPal exchange rate today stands at -4.1% compared to the mid-market rate.
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AzureWave
Fri Mar 07 2025
It's important to recognize that these entities are businesses aiming to generate revenue.
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