Are there any fees or charges when transferring bitcoin from Cash App to a bank account?
Kenney WibergMay 05, 2022 · 3 years ago3 answers
I want to transfer my bitcoin from Cash App to my bank account, but I'm not sure if there are any fees or charges involved. Can you please clarify if there are any fees or charges when transferring bitcoin from Cash App to a bank account?
3 answers
- May 05, 2022 · 3 years agoYes, there are fees associated with transferring bitcoin from Cash App to a bank account. Cash App charges a fee of 1.5% for each bitcoin transaction. This fee is deducted from the total amount of bitcoin being transferred. So, if you are transferring 1 bitcoin, you will be charged 0.015 bitcoin as a fee.
- May 05, 2022 · 3 years agoUnfortunately, yes. When you transfer bitcoin from Cash App to a bank account, there is a fee involved. Cash App charges a fee of 1.5% for each bitcoin transaction. This fee is automatically deducted from the total amount of bitcoin you are transferring. So, if you are transferring 1 bitcoin, you will be charged 0.015 bitcoin as a fee.
- May 05, 2022 · 3 years agoYes, there are fees when transferring bitcoin from Cash App to a bank account. Cash App charges a fee of 1.5% for each bitcoin transaction. This fee is deducted from the total amount of bitcoin you are transferring. However, it's important to note that the fee may vary depending on the current market conditions and network congestion.
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