Crypto on PayPal: Fees and Exchange Rates

Are there any fees using Crypto with PayPal?

When you buy or sell cryptocurrency on PayPal, we'll disclose an exchange rate and the transaction fee you'll be charged for that transaction.

For PayPal USD only, there are no fees to buy or sell. However, fees apply when you convert between PYUSD and one of the other cryptocurrencies we support.

If you use a linked bank account or debit card as a payment method to buy crypto assets, your bank may charge you its own fees, including overdraft or insufficient fund fees where applicable. PayPal isn’t responsible for any fees that may be charged to you by your bank.

Why is there an exchange rate for cryptocurrency?

Since crypto is digital money, you're essentially swapping one currency for another when you buy and sell it. The exchange rate tells you how much crypto or other currency you'll get in the swap. Please keep in mind that exchange rates refresh often as the value of crypto is constantly changing.