common-close-0
BYDFi
Trade wherever you are!

Are there any fees or hidden costs associated with using Cash App for cryptocurrency transactions?

avatarGuido TesiDec 27, 2021 · 3 years ago3 answers

Can you tell me if there are any fees or hidden costs that I should be aware of when using Cash App for cryptocurrency transactions? I want to make sure I understand all the potential costs involved before I start using the app.

Are there any fees or hidden costs associated with using Cash App for cryptocurrency transactions?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    When it comes to using Cash App for cryptocurrency transactions, it's important to understand the fees and costs involved. Cash App charges a fee for buying and selling cryptocurrencies, which is typically around 1.5% to 2.3% of the transaction amount. Additionally, there may be additional fees for expedited transactions or for converting between different cryptocurrencies. It's always a good idea to review the fee schedule on the Cash App website or app to get the most up-to-date information on the costs associated with cryptocurrency transactions.
  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with using Cash App for cryptocurrency transactions. Cash App charges a fee for buying and selling cryptocurrencies, which can vary depending on the transaction amount. Additionally, there may be fees for expedited transactions or for converting between different cryptocurrencies. It's important to review the fee schedule on the Cash App website or app to understand the specific costs that may apply to your transactions.
  • avatarDec 27, 2021 · 3 years ago
    As a representative of BYDFi, I can confirm that there are fees associated with using Cash App for cryptocurrency transactions. Cash App charges a fee for buying and selling cryptocurrencies, which is typically around 1.5% to 2.3% of the transaction amount. It's important to note that these fees may vary and it's always a good idea to review the fee schedule on the Cash App website or app for the most accurate and up-to-date information on the costs involved.