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Are there any fees associated with cashing out digital currencies on Cash App?

avatarBrittny OkaharaDec 29, 2021 · 3 years ago3 answers

Can you tell me if there are any fees that I need to pay when I cash out my digital currencies on Cash App? I want to make sure I understand the costs involved before I proceed.

Are there any fees associated with cashing out digital currencies on Cash App?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, there are fees associated with cashing out digital currencies on Cash App. When you sell your digital currencies, Cash App charges a fee of 1.76% for the transaction. This fee is deducted from the total amount you receive. It's important to consider this fee when calculating your profits or losses.
  • avatarDec 29, 2021 · 3 years ago
    Absolutely! Cash App does charge fees for cashing out digital currencies. The fee is 1.76% of the transaction amount. So, if you sell $100 worth of digital currencies, you'll be charged $1.76 as a fee. Keep this in mind when planning your transactions on Cash App.
  • avatarDec 29, 2021 · 3 years ago
    Yes, there are fees associated with cashing out digital currencies on Cash App. However, the specific fee structure may vary depending on the type and amount of digital currencies you are cashing out. It's best to check the Cash App website or contact their customer support for the most accurate and up-to-date information regarding fees.