Are there any fees for buying and selling cryptocurrencies on Cash App?
Igor ContriMay 19, 2022 · 3 years ago3 answers
What are the fees associated with buying and selling cryptocurrencies on Cash App?
3 answers
- May 19, 2022 · 3 years agoYes, there are fees for buying and selling cryptocurrencies on Cash App. When you buy or sell Bitcoin on Cash App, a fee of 1.75% will be applied to the transaction. This fee may vary depending on market conditions and other factors. It's important to note that the fee is not included in the displayed Bitcoin price, so you'll need to take it into account when making transactions.
- May 19, 2022 · 3 years agoAbsolutely! Cash App charges a fee of 1.75% for buying and selling cryptocurrencies. This fee is automatically deducted from the transaction amount. So, if you're buying $100 worth of Bitcoin, you'll actually receive $98.25 worth of Bitcoin after the fee is applied. Keep in mind that the fee percentage may change over time, so it's always a good idea to check the latest fee structure on Cash App before making any transactions.
- May 19, 2022 · 3 years agoYes, there are fees for buying and selling cryptocurrencies on Cash App. The fee is 1.75% of the transaction amount and is deducted from the total. For example, if you buy $100 worth of Bitcoin, you'll be charged a fee of $1.75, and you'll receive $98.25 worth of Bitcoin. It's important to consider the fees when planning your transactions on Cash App to ensure you're aware of the total cost involved.
Related Tags
Hot Questions
- 93
What are the tax implications of using cryptocurrency?
- 84
Are there any special tax rules for crypto investors?
- 77
What is the future of blockchain technology?
- 67
How can I protect my digital assets from hackers?
- 54
How does cryptocurrency affect my tax return?
- 13
How can I minimize my tax liability when dealing with cryptocurrencies?
- 7
What are the best digital currencies to invest in right now?
- 7
How can I buy Bitcoin with a credit card?