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Are there any fees associated with converting bitcoin to cash on Cash App?

avatarcmarionmeDec 16, 2021 · 3 years ago5 answers

I'm interested in converting my bitcoin to cash on Cash App, but I'm wondering if there are any fees involved in the process. Can anyone tell me if there are any fees associated with converting bitcoin to cash on Cash App?

Are there any fees associated with converting bitcoin to cash on Cash App?

5 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees associated with converting bitcoin to cash on Cash App. When you sell your bitcoin on Cash App, they charge a fee of 1.75% for the transaction. This fee is deducted from the total amount you receive in cash.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! Converting bitcoin to cash on Cash App comes with a fee. Cash App charges a 1.75% fee for bitcoin to cash transactions. So, if you convert $100 worth of bitcoin, you'll receive $98.25 in cash.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees for converting bitcoin to cash on Cash App. However, at BYDFi, we offer a fee-free option for converting your bitcoin to cash. With BYDFi, you can convert your bitcoin to cash without any fees. It's a great alternative if you want to avoid paying fees.
  • avatarDec 16, 2021 · 3 years ago
    Converting bitcoin to cash on Cash App does come with fees. Cash App charges a 1.75% fee for bitcoin to cash transactions. However, this fee is relatively low compared to some other exchanges. So, if you're looking for a convenient way to convert your bitcoin to cash, Cash App is a good option.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees associated with converting bitcoin to cash on Cash App. When you sell your bitcoin, Cash App charges a 1.75% fee for the transaction. This fee helps cover the costs of processing the transaction and maintaining the platform. It's important to consider these fees when deciding whether to convert your bitcoin to cash on Cash App.