based on uk prices
bitcoin to bitcoin transactions are about 8 pence right now
paypal to paypal transactions are free
bitcoin to bitpay are 1%
paypal to ebay are 3.4%+20p
moving from a bank account to bitcoin usually involves a spread of upto 4%
moving…
Topic: which takes more transaction fees-paypal or bitcoin? - page 2. (Read 3204 times)
i think paypal has way more bigger fees than bitcoin, thats why i like bitcoin, they are free to use
Paypal fee, of course is much higher than Bit coins and using bitcoin is very convenient when we see it is very affordable and mind is blown away when we pay through this. 
i think paypal has way more bigger fees than bitcoin, thats why i like bitcoin, they are free to use
Paypal charges nearly 3% for transactions if individual send money to individual. If you were using eBay to sell/buying an item and had to take Paypal as payment, you also lost 9% of your amount to a final value fee.Paypal charges additional fees if currency conversion needs to take place, which usually happens in international transfers. So use bitcoin if you want to pay less fee, bitcoin fee is much lesser.
Really? PayPal charges currency convertion? I didn't know that...Anyway btc is much better than PayPal on any aspect that's for sure.
Yeah bitcoin is expensive if you are converting it to your local currency, but the scenario would change in future when would be able to make direct purchase by using bitcoins.
The transaction fee of PayPal is "0" if we choose "Gift" option while bitcoins also have a "0" transaction fee when we use wallets like Xapo and Coinbase. If this doesn't answer your query and you are talking about converting bitcoin to PayPal cash and vice versa, that depends on whom are you exchanging with and how can they send you PP or bitcoins.
It all depends on who your sending it to, your country of residence and whether you're using the gift option. BTC should be cheaper for large transactions.
Paypal charges nearly 3% for transactions if individual send money to individual. If you were using eBay to sell/buying an item and had to take Paypal as payment, you also lost 9% of your amount to a final value fee.Paypal charges additional fees if currency conversion needs to take place, which usually happens in international transfers. So use bitcoin if you want to pay less fee, bitcoin fee is much lesser.
Really? PayPal charges currency convertion? I didn't know that...Anyway btc is much better than PayPal on any aspect that's for sure.
paypal fees are higher, damn bitcoin is like 5000 satoshi minimum for reasonable speed of 1-2 hours.
Thats like few cents
Thats like few cents
First of all, on bitcoin you can decide witch fee you want to pay (or if you want to send without any fee) , on paypal you can't decide this the fees are fixed. And normal fees that most users pay are from 10.000 to 20.000 satoshis is lower than paypal fees.
Yes there is an option. When paypal is considered it has got the return back policy which is best for the extra price you pay than the bitcoin transaction charge.
Paypal's fee is higher than bitcoin, but almost every site on the web support Paypal and bitcoin as payment system, both of type, shopping sites and earning sites. But, obviously bitcoin has better advantages than paypal.
Yes almost every earning and shopping sites support bitcoin as well as paypal. But it doesn't mean both are equal, Bitcoin transactions charges are better than paypal and becoming more popular every day. I hope bitcoin is going to replace Paypal.
Why should it ? both have their own uses and purposes.But if the bitcoin block size does not increase, the fee will be higher.
Why would it be ? there is no increase in block size going on right now but the fees could be as low as 0.0001.It depends on the number input's and outputs involved in the transaction and there should be no sudden increase in the fees in any case. 
First of all, on bitcoin you can decide witch fee you want to pay (or if you want to send without any fee) , on paypal you can't decide this the fees are fixed. And normal fees that most users pay are from 10.000 to 20.000 satoshis is lower than paypal fees.
For the time being, the fee of bitcoin is much lower than the paypal. But if the bitcoin block size does not increase, the fee will be higher.
First of all, on bitcoin you can decide witch fee you want to pay (or if you want to send without any fee) , on paypal you can't decide this the fees are fixed. And normal fees that most users pay are from 10.000 to 20.000 satoshis is lower than paypal fees.
Paypal is not only insanely expensive, but offers no decentralization whatsoever, which would justify increased fee. On-chain transactions on Bitcoin are cheap as hell compared to everything else (that's why people complaining about small block size because its "too expensive" are clowns) and when we have LN, there will be 0 competition against Bitcoin because it will be the best way to move money fast and cheap period.
Paypal's fee is higher than bitcoin, but almost every site on the web support Paypal and bitcoin as payment system, both of type, shopping sites and earning sites. But, obviously bitcoin has better advantages than paypal.
Yes almost every earning and shopping sites support bitcoin as well as paypal. But it doesn't mean both are equal, Bitcoin transactions charges are better than paypal and becoming more popular every day. I hope bitcoin is going to replace Paypal. 
Paypal's fee is higher than bitcoin, but almost every site on the web support Paypal and bitcoin as payment system, both of type, shopping sites and earning sites. But, obviously bitcoin has better advantages than paypal.
Obviously bitcoins fees is lower and paypal fees is higher . Paypal can also reverse your money if you are scammed by someone and paypal have high security that is why it costs more fees than bitcoin .
I'm actuaoly not all that certain. I think they're both the same. Doesn't matter which one you use.
From the transactions that I have made involving bitcoin and PayPal, I believe PayPal fees are much higher compared to bitcoin in similar transactions.
Paypal/creditcard gives some fraud protection, which is part of the fee. If you divide the total bitcoin fraud by the total bitcoin transaction volume, you get a much higher "fee". 
Paypal charges nearly 3% for transactions if individual send money to individual. If you were using eBay to sell/buying an item and had to take Paypal as payment, you also lost 9% of your amount to a final value fee.Paypal charges additional fees if currency conversion needs to take place, which usually happens in international transfers. So use bitcoin if you want to pay less fee, bitcoin fee is much lesser.
Really? PayPal charges currency convertion? I didn't know that...Anyway btc is much better than PayPal on any aspect that's for sure.
Paypal takes more, but it also refunds your money if you are scammed.
That is the main benefit of Paypal. I use paypal to pay for goods. It makes me feel safe, will not be scammed.
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