Cryptocurrency on PayPal Pricing questions

Pricing of Crypto seems to vary based on which service I'm using. Why? Am I getting the best price with PayPal?

Crypto price variation is common across Crypto exchanges and happens for several reasons:

• Crypto trading volume at a large vs. a smaller exchange with less liquidity can impact price.
• Pricing and fee structure at time of purchase is set by the exchange/service, which can also vary.
• Price "margins" might impact the purchase price. 

It's important to understand pricing before making any purchases, and we can't guarantee our rate.

Can you explain the concept of a price "spread"?
Price spreads are the difference between the highest buy order and the lowest sell order on any exchange. Every purchase or sale of Crypto occurs in a marketplace, and between two entities. The person buying wants the lowest price, and the person selling wants to get the highest price at any point. This creates a gap in their expectations, known as a spread.

How do spreads affect the market?
Depending on the situation, margins can lead to increased price volatility, and price variation amongst Crypto exchanges. You can find more information on the PayPal Fees page.

What can I do with any profits from Crypto?
Proceeds from the sale of Cryptocurrencies will be deposited in GBP in your Personal PayPal account.

This article shouldn't be taken as financial, investment or tax advice.