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Are there any fees involved in sending Bitcoin to another wallet on Cash App?

avatarMaria RomanovaDec 25, 2021 · 3 years ago3 answers

Can you tell me if there are any fees associated with sending Bitcoin to another wallet on Cash App? I'm considering using Cash App for my Bitcoin transactions, but I want to make sure I understand all the costs involved.

Are there any fees involved in sending Bitcoin to another wallet on Cash App?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, there are fees involved in sending Bitcoin to another wallet on Cash App. When you send Bitcoin from your Cash App wallet to another wallet, Cash App charges a fee based on the current market price of Bitcoin. The fee is displayed before you confirm the transaction, so you'll know exactly how much it will cost. It's important to note that the fee may vary depending on the network congestion and market conditions at the time of the transaction.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! Cash App does charge a fee for sending Bitcoin to another wallet. The fee is based on the current market price of Bitcoin and is calculated at the time of the transaction. It's always a good idea to double-check the fee before confirming the transaction to avoid any surprises. Keep in mind that the fee may change depending on the network congestion and market volatility.
  • avatarDec 25, 2021 · 3 years ago
    Yes, there are fees involved when sending Bitcoin to another wallet on Cash App. Cash App charges a fee for each Bitcoin transaction, which is based on the current market price of Bitcoin. The fee is deducted from the total amount you're sending, so make sure to take that into account when planning your transactions. If you're looking for a fee-free alternative, you may want to consider using a different wallet or exchange.