common-close-0
BYDFi
Trade wherever you are!

Are there any additional fees for using Cash App to buy and sell cryptocurrencies?

avatarShaafiDec 15, 2021 · 3 years ago3 answers

Can you tell me if there are any extra charges associated with using Cash App for buying and selling cryptocurrencies? I want to make sure I understand all the fees involved before I start using the platform.

Are there any additional fees for using Cash App to buy and sell cryptocurrencies?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, there are additional fees when using Cash App to buy and sell cryptocurrencies. Cash App charges a fee for each transaction, which is typically a percentage of the transaction amount. The exact fee percentage may vary depending on the specific cryptocurrency and market conditions. It's important to review the fee structure on the Cash App website or app before making any transactions to understand the exact charges involved.
  • avatarDec 15, 2021 · 3 years ago
    Absolutely! Cash App does have additional fees for buying and selling cryptocurrencies. These fees are usually a small percentage of the transaction amount and are deducted from the total value of the transaction. It's always a good idea to check the fee schedule on the Cash App platform to get a clear understanding of the charges before you start trading.
  • avatarDec 15, 2021 · 3 years ago
    Yes, there are additional fees for using Cash App to buy and sell cryptocurrencies. However, the fees are relatively low compared to some other platforms. Cash App provides transparency regarding the fees, and you can easily find the fee structure on their website or app. It's important to consider the fees along with other factors such as security, user experience, and available cryptocurrencies when choosing a platform for trading.