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Are there any fees involved in sending Bitcoin from Coinbase to Cash App?

Anderson IurkivMay 05, 2022 · 3 years ago3 answers

I want to send Bitcoin from my Coinbase wallet to my Cash App account. Are there any fees involved in this transaction?

3 answers

  • May 05, 2022 · 3 years ago
    Yes, there are fees involved in sending Bitcoin from Coinbase to Cash App. Coinbase charges a network fee for every transaction, which is determined by the current network congestion and transaction size. Additionally, Cash App may also charge a fee for receiving Bitcoin. It's recommended to check the fee schedule on both platforms before making the transfer.
  • May 05, 2022 · 3 years ago
    Absolutely! When you send Bitcoin from Coinbase to Cash App, you'll encounter some fees along the way. Coinbase applies a network fee, which is based on the current network conditions and the size of your transaction. Cash App may also charge a fee for receiving Bitcoin. Make sure to review the fee details on both platforms to avoid any surprises.
  • May 05, 2022 · 3 years ago
    Yes, there are fees involved in sending Bitcoin from Coinbase to Cash App. Coinbase charges a network fee for every transaction, which can vary depending on the current network congestion. As for Cash App, they may also impose a fee for receiving Bitcoin. It's always a good idea to check the fee structures on both platforms before initiating the transfer. By the way, if you're looking for a fee-free alternative, you might want to consider using BYDFi, a decentralized exchange that offers low-cost transactions without any hidden fees.