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What fees are involved when selling Bitcoin on Cash App?

avatarDebasish MondalDec 28, 2021 · 3 years ago3 answers

Can you tell me about the fees associated with selling Bitcoin on Cash App? I'm interested in knowing the costs involved before I decide to sell my Bitcoin.

What fees are involved when selling Bitcoin on Cash App?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    When selling Bitcoin on Cash App, there are a few fees to consider. First, there is a transaction fee of 1.76% for buying and selling Bitcoin on Cash App. Additionally, Cash App may apply a spread to the market price of Bitcoin, which can result in a slightly higher price when selling. It's important to note that the fees may vary depending on the current market conditions and the amount of Bitcoin you're selling. It's always a good idea to check the fees before making a transaction on Cash App to ensure you're aware of the costs involved.
  • avatarDec 28, 2021 · 3 years ago
    Selling Bitcoin on Cash App comes with a transaction fee of 1.76%. This fee is applied to both buying and selling Bitcoin on the platform. In addition to the transaction fee, Cash App may also apply a spread to the market price of Bitcoin. This means that the price you receive when selling Bitcoin on Cash App may be slightly lower than the current market price. It's important to consider these fees and the potential impact on your overall profit when deciding to sell Bitcoin on Cash App.
  • avatarDec 28, 2021 · 3 years ago
    When selling Bitcoin on Cash App, you'll encounter a transaction fee of 1.76%. This fee is charged on both buying and selling Bitcoin. In addition to the transaction fee, Cash App may also apply a spread to the market price of Bitcoin. This means that the price you receive when selling Bitcoin on Cash App may be slightly higher than the current market price. It's important to keep these fees in mind and consider them when deciding to sell Bitcoin on Cash App. If you're looking for a platform with lower fees, you may want to explore other options in the market.