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Are there any fees associated with funding CashApp using cryptocurrencies?

avatarQUASODec 31, 2021 · 3 years ago3 answers

Can you tell me if there are any fees that I need to pay when I fund my CashApp account using cryptocurrencies? I'm considering using cryptocurrencies for funding, but I want to know if there are any additional costs involved.

Are there any fees associated with funding CashApp using cryptocurrencies?

3 answers

  • avatarDec 31, 2021 · 3 years ago
    Yes, there are fees associated with funding CashApp using cryptocurrencies. CashApp charges a fee of 1.76% for buying and selling cryptocurrencies. Additionally, there may be network fees associated with transferring cryptocurrencies to your CashApp account. These network fees vary depending on the cryptocurrency and the current network congestion. It's always a good idea to check the current fees before making any transactions.
  • avatarDec 31, 2021 · 3 years ago
    Absolutely! When you fund your CashApp account using cryptocurrencies, there are fees involved. CashApp charges a 1.76% fee for buying and selling cryptocurrencies. In addition to that, you may also incur network fees when transferring cryptocurrencies to your CashApp account. These network fees can vary depending on the cryptocurrency and the current network conditions. Make sure to keep an eye on the fees to avoid any surprises.
  • avatarDec 31, 2021 · 3 years ago
    Yes, there are fees associated with funding CashApp using cryptocurrencies. CashApp charges a fee of 1.76% for buying and selling cryptocurrencies. However, if you use BYDFi, a digital currency exchange, to fund your CashApp account, you can enjoy lower fees. BYDFi offers competitive rates and a seamless experience for funding your CashApp account with cryptocurrencies. It's a great option to consider if you want to minimize your fees and enjoy a smooth transaction process.