Are there any fees associated with receiving cryptocurrency on Cash App?
MikanoJan 05, 2022 · 3 years ago3 answers
Can you tell me if there are any fees that I need to pay when receiving cryptocurrency on Cash App?
3 answers
- Jan 05, 2022 · 3 years agoYes, there are fees associated with receiving cryptocurrency on Cash App. When you receive cryptocurrency, Cash App charges a fee of 1.75% for each transaction. This fee is deducted from the total amount you receive. So, if you receive $100 worth of cryptocurrency, you will actually receive $98.25 after the fee deduction. It's important to keep this fee in mind when using Cash App for receiving cryptocurrency.
- Jan 05, 2022 · 3 years agoAbsolutely! Cash App does charge a fee for receiving cryptocurrency. The fee is 1.75% of the total transaction amount. So, if you receive $100 worth of cryptocurrency, you will be charged a fee of $1.75. This fee is automatically deducted from the amount you receive. It's always a good idea to check the fee structure before using Cash App for cryptocurrency transactions.
- Jan 05, 2022 · 3 years agoYes, there are fees associated with receiving cryptocurrency on Cash App. Cash App charges a fee of 1.75% for each transaction. However, it's worth noting that this fee is relatively low compared to some other platforms. If you're looking for a user-friendly and convenient way to receive cryptocurrency, Cash App can be a good option despite the fees.
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