Could you please clarify something for me? I've been trying to understand the limits and functionalities of PayPal when it comes to Bitcoin transactions. Specifically, I'm wondering what the minimum amount of Bitcoin is that I can send through PayPal? Is there a specific threshold that I need to be aware of? I'm new to this whole cryptocurrency world and I'm trying to navigate it carefully. Your expertise in this field would be greatly appreciated. Thank you for your time and assistance.
5 answers
CryptoTrader
Mon May 13 2024
For internal transfers, the minimum amount required is specified by the platform or service being used.
ethan_thompson_journalist
Mon May 13 2024
In contrast, for external transfers, the minimum amount is determined by the cryptocurrency being transferred.
Andrea
Mon May 13 2024
For instance, when transferring Bitcoin (BTC), the minimum amount is set at .001 BTC.
Federico
Mon May 13 2024
Additionally, some platforms may charge a flat fee per transfer, such as $0.01, regardless of the amount being transferred.
Martino
Mon May 13 2024
Regarding minimum transfer amounts, there are distinct thresholds for internal and external transfers.