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What are the fees associated with buying and selling cryptocurrencies on CashApp?

avatarAdibastJan 04, 2022 · 3 years ago1 answers

Can you please provide a detailed explanation of the fees associated with buying and selling cryptocurrencies on CashApp? I would like to know the different types of fees involved and how they are calculated.

What are the fees associated with buying and selling cryptocurrencies on CashApp?

1 answers

  • avatarJan 04, 2022 · 3 years ago
    When it comes to buying and selling cryptocurrencies on CashApp, the fees can vary depending on the specific cryptocurrency and the size of the transaction. CashApp charges a transaction fee for each buy or sell order, which is a percentage of the total transaction amount. This fee helps cover the costs of processing the transaction and maintaining the platform. Additionally, there may be a spread fee, which is the difference between the buying and selling price of a cryptocurrency. This fee is usually included in the price you see when placing an order. If you decide to transfer your cryptocurrencies to an external wallet, CashApp may charge a withdrawal fee. It's important to note that these fees can change over time, so it's always a good idea to check the latest fee schedule on the CashApp website or app to get the most accurate information.