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Are there any fees associated with using a cashapp card for cryptocurrency purchases?

avatarKanha SharmaDec 19, 2021 · 3 years ago3 answers

Can you tell me if there are any fees involved when using a cashapp card to buy cryptocurrencies?

Are there any fees associated with using a cashapp card for cryptocurrency purchases?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    Yes, there are fees associated with using a cashapp card for cryptocurrency purchases. Cashapp charges a fee of 1.75% for each transaction. This fee is applied to both buying and selling cryptocurrencies using the cashapp card. It's important to consider this fee when making your purchase to ensure you are aware of the total cost involved.
  • avatarDec 19, 2021 · 3 years ago
    Absolutely! When you use a cashapp card to buy cryptocurrencies, there is a fee of 1.75% per transaction. This fee is automatically deducted from the total amount you are purchasing. So, if you're planning to buy $100 worth of cryptocurrencies, you'll actually receive $98.25 worth of cryptocurrencies after the fee deduction. Keep this in mind when making your purchase to avoid any surprises.
  • avatarDec 19, 2021 · 3 years ago
    Yes, there are fees associated with using a cashapp card for cryptocurrency purchases. Cashapp charges a fee of 1.75% for each transaction. However, it's worth noting that this fee is relatively low compared to some other platforms. So, even with the fee, using a cashapp card can still be a cost-effective option for buying cryptocurrencies.