Is it always ” not worth it” to use the currency trade feature in paypal?
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"Why Currency Trading With Paypal Is Never Worth It?" was posted on Friday, August 21st, 2009 at 7:12 am.
“Why Currency Trading With Paypal Is Never Worth It?”下有2 Responses条评论.
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PayPal was never designed for currency trading. Because PayPal charges a fee plus the current market value of the currency you’re trading to, you would rarely profit from it. The best thing to do is to go into your “Payment receiving preferences” in your Profile section of the PayPal account. From here you can require that buyers can only pay you in a currency you currently carry, therefore they are required to pay the conversion rates to change their Pesos to USD in order to send your payment.
I hope this helps!
It depends on what currency you are dealing with.
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