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Investing In Different Currencies Through PayPal?
Ms Sans Serif
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[quote:Anonymous Coward 27250682:MV8yMTIzMzE2XzM1ODI2MTcwXzQyNjU0RDY2] [quote:Anonymous Coward 19540516:MV8yMTIzMzE2XzM1ODI2MTMyX0M4MDdFOTRF] [quote:Anonymous Coward 27250682:MV8yMTIzMzE2XzM1ODI2MDUyXzlGOUYyNEZG] [quote:Anonymous Coward 19540516:MV8yMTIzMzE2XzM1ODI2MDM0XzIwQTYyNjRD] The converting rate between the currencies is bad and not to your advantage. [/quote] What do you mean? Does PayPal take a conversion fee or something? [/quote] If you would normally get 80 Euros for 100 Dollars. Paypal will just give you 75. [/quote] Makes sense. Kind of what I thought, looks like that's the case with what everyone is saying! [/quote]
I have a question about investing in difference currencies through PayPal. When you transfer money to someone you can send it in different currencies and it automatically converts it at the current rate (I don't think there is a fee). Has anyone tried this, and what are your thoughts on it? I know it won't make huge profits, but it seems like an interesting way to make a few bucks.
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