Are there any fees associated with buying Bitcoin on the Cash App?
Raviraj ParabMay 15, 2022 · 3 years ago3 answers
I'm interested in buying Bitcoin on the Cash App, but I'm wondering if there are any fees associated with it. Can you please provide more information about the fees involved in buying Bitcoin on the Cash App?
3 answers
- May 15, 2022 · 3 years agoYes, there are fees associated with buying Bitcoin on the Cash App. When you buy Bitcoin on the Cash App, there is a fee of 1.75% for each transaction. This fee is included in the price you see when you make the purchase. So, if you buy $100 worth of Bitcoin, you will actually receive $98.25 worth of Bitcoin after the fee is deducted. It's important to keep this fee in mind when buying Bitcoin on the Cash App to ensure you're aware of the total cost involved.
- May 15, 2022 · 3 years agoAbsolutely! Buying Bitcoin on the Cash App comes with a fee. The fee is 1.75% of the transaction amount. So, if you buy $100 worth of Bitcoin, you'll be charged a fee of $1.75. This fee is deducted from the total amount you're spending, so you'll receive $98.25 worth of Bitcoin. It's always a good idea to factor in the fees when making any cryptocurrency purchase to avoid any surprises.
- May 15, 2022 · 3 years agoYes, there are fees associated with buying Bitcoin on the Cash App. The fee is 1.75% of the transaction amount, which is quite reasonable compared to some other platforms. The fee is automatically deducted from the total amount you're spending, so you don't need to worry about paying it separately. Just keep in mind that the fee will reduce the amount of Bitcoin you receive, so make sure to account for it when planning your purchase.
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