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What is the fee charged by Cash App for buying Bitcoin?

avatarkishorDec 26, 2021 · 3 years ago3 answers

Can you please provide more information about the fee charged by Cash App for buying Bitcoin? I would like to know the exact amount and if there are any additional charges involved.

What is the fee charged by Cash App for buying Bitcoin?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! Cash App charges a fee of 1.75% for buying Bitcoin. This fee is applied to the total purchase amount. For example, if you buy $100 worth of Bitcoin, you will be charged a fee of $1.75. It's important to note that the fee may vary depending on the market conditions and can change over time. Additionally, Cash App may also apply a spread to the exchange rate, which means that the price of Bitcoin you see on the app may be slightly higher than the market price.
  • avatarDec 26, 2021 · 3 years ago
    The fee charged by Cash App for buying Bitcoin is 1.75%. This fee is relatively competitive compared to other platforms. However, it's always a good idea to compare fees across different exchanges to ensure you're getting the best deal. Keep in mind that there may be additional charges involved, such as network fees for Bitcoin transactions. It's recommended to check the Cash App website or contact their customer support for the most up-to-date information on fees and charges.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to buying Bitcoin on Cash App, there is a fee of 1.75% involved. This fee is deducted from the total amount you spend on Bitcoin. For example, if you buy $100 worth of Bitcoin, you will be charged a fee of $1.75. It's worth noting that this fee is subject to change and may vary depending on market conditions. If you're looking for alternative platforms, BYDFi offers a fee of only 1.5% for buying Bitcoin, which can be a more cost-effective option.