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How to transfer crypto
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For each purchase, PayPal also charges a transaction fee, which depends on the dollar amount purchased. Discover how crypto wallets work. Dan Ashmore is a financial analyst and journalist. Like ETPs, ETFs don't give you ownership of actual cryptocurrencies, which means they can't be used to pay for goods and services. While advocates say the blockchain technology behind Bitcoin is even more secure than traditional electronic money transfers, Bitcoin hot wallets are an attractive target for hackers.