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Are there any fees or charges when requesting money on Cash App with cryptocurrencies?

avatarsuhaib mohadatDec 27, 2021 · 3 years ago3 answers

What are the fees or charges associated with requesting money on Cash App using cryptocurrencies?

Are there any fees or charges when requesting money on Cash App with cryptocurrencies?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    When requesting money on Cash App with cryptocurrencies, there may be fees or charges involved. The specific fees and charges depend on various factors such as the amount being requested, the type of cryptocurrency used, and the current market conditions. It is important to note that Cash App may charge a transaction fee for converting cryptocurrencies to fiat currency. Additionally, there might be network fees associated with the cryptocurrency transaction itself. It is recommended to review the Cash App's fee schedule or contact their customer support for detailed information.
  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees and charges when requesting money on Cash App with cryptocurrencies. Cash App charges a fee for converting cryptocurrencies to fiat currency. The fee is typically a percentage of the transaction amount and may vary depending on the specific cryptocurrency being used. In addition to the conversion fee, there might be network fees associated with the cryptocurrency transaction. These fees are charged by the blockchain network and can vary depending on the network congestion and the specific cryptocurrency. It is advisable to check the Cash App's fee structure for more details.
  • avatarDec 27, 2021 · 3 years ago
    When using Cash App to request money with cryptocurrencies, there may be fees and charges involved. Cash App charges a fee for converting cryptocurrencies to fiat currency, which is typically a percentage of the transaction amount. Additionally, there might be network fees associated with the cryptocurrency transaction itself. These fees are determined by the blockchain network and can vary depending on the specific cryptocurrency and network congestion. It is important to review Cash App's fee schedule or contact their customer support for more information on the fees and charges associated with requesting money using cryptocurrencies on their platform.