What are the fees associated with using the cash app for buying and selling cryptocurrencies?
Rizqi NfsJan 08, 2022 · 3 years ago1 answers
Can you provide a detailed explanation of the fees associated with using the cash app for buying and selling cryptocurrencies? I would like to understand the costs involved before using the cash app for my cryptocurrency transactions.
1 answers
- Jan 08, 2022 · 3 years agoAs an expert in the field, I can tell you that the cash app charges fees for buying and selling cryptocurrencies. The fee for buying cryptocurrencies is typically around 1.5% to 3.5% of the transaction amount. This fee can vary depending on the specific cryptocurrency and market conditions. Similarly, there is a fee for selling cryptocurrencies, which is also usually a percentage of the transaction amount. It's important to note that these fees can change over time, so it's always a good idea to check the cash app's fee schedule before making any transactions. Overall, the cash app provides a convenient platform for buying and selling cryptocurrencies, but it's important to be aware of the associated fees to ensure you are getting the best value for your transactions.
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