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Do you need to pay fees to receive cryptocurrency on Cash App?

avatarOfppt inzeganeDec 30, 2021 · 3 years ago3 answers

Is there a fee for receiving cryptocurrency on Cash App? How does Cash App handle fees for receiving cryptocurrency?

Do you need to pay fees to receive cryptocurrency on Cash App?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Yes, there is a fee for receiving cryptocurrency on Cash App. When you receive cryptocurrency, Cash App charges a fee based on the current market price and volatility. The fee is automatically deducted from the received amount. It's important to note that the fee may vary depending on the specific cryptocurrency and market conditions at the time of the transaction. Cash App provides transparency by displaying the fee amount before confirming the transaction.
  • avatarDec 30, 2021 · 3 years ago
    Absolutely! Cash App charges a fee for receiving cryptocurrency. The fee is calculated based on the current market value and can vary depending on the cryptocurrency you receive. It's always a good idea to check the fee amount before accepting any cryptocurrency transactions on Cash App. Keep in mind that the fee is deducted from the received amount, so make sure to take that into consideration when receiving cryptocurrency.
  • avatarDec 30, 2021 · 3 years ago
    Yes, there is a fee for receiving cryptocurrency on Cash App. Cash App charges a fee of 1.75% for each cryptocurrency transaction. This fee is automatically deducted from the received amount. However, it's important to note that this fee may change depending on market conditions and the specific cryptocurrency being received. To get the most accurate fee information, it's recommended to check the Cash App platform or contact their customer support.