Are there any fees associated with using bitcoin on Cash App?
Moin Shaikh MoinJan 07, 2022 · 3 years ago3 answers
Can you tell me if there are any fees that I need to pay when using bitcoin on Cash App? I'm considering using it as my primary platform for bitcoin transactions, but I want to make sure I understand all the costs involved.
3 answers
- Jan 07, 2022 · 3 years agoYes, there are fees associated with using bitcoin on Cash App. When you buy bitcoin on Cash App, they charge a fee of 1.75% for each transaction. If you sell bitcoin, there is also a fee of 1.75%. Additionally, if you want to transfer your bitcoin to an external wallet, there may be network fees involved. It's important to consider these fees when using Cash App for your bitcoin transactions.
- Jan 07, 2022 · 3 years agoAbsolutely! Cash App does charge fees for using bitcoin. When you buy bitcoin, there is a fee of 1.75% per transaction. If you sell bitcoin, you'll also be charged a fee of 1.75%. Keep in mind that these fees can add up, especially if you're making frequent transactions. It's always a good idea to compare fees across different platforms to find the best option for your needs.
- Jan 07, 2022 · 3 years agoYes, there are fees associated with using bitcoin on Cash App. When you buy bitcoin, there is a fee of 1.75% per transaction. If you sell bitcoin, there is also a fee of 1.75%. However, if you transfer your bitcoin to another Cash App user, there are no fees involved. It's important to consider these fees when deciding whether to use Cash App for your bitcoin transactions.
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