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Are there any fees associated with using a debit card on Cash App to purchase cryptocurrencies?

avatarKemp FogedDec 15, 2021 · 3 years ago3 answers

I am interested in using a debit card on Cash App to purchase cryptocurrencies. Can you tell me if there are any fees associated with this payment method?

Are there any fees associated with using a debit card on Cash App to purchase cryptocurrencies?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, there are fees associated with using a debit card on Cash App to purchase cryptocurrencies. Cash App charges a fee of 3% for each transaction made with a debit card. This fee is automatically deducted from the total amount of the transaction.
  • avatarDec 15, 2021 · 3 years ago
    Absolutely! When you use a debit card on Cash App to buy cryptocurrencies, there is a fee of 3% that will be applied to the transaction. This fee covers the processing and transaction costs involved in converting your fiat currency to cryptocurrencies.
  • avatarDec 15, 2021 · 3 years ago
    Yes, there are fees associated with using a debit card on Cash App to purchase cryptocurrencies. However, it's important to note that these fees are not set by Cash App itself, but rather by the payment processor and the card issuer. The fees can vary depending on the specific card and payment processor you are using. It's always a good idea to check with your card issuer or payment processor to understand the exact fees associated with using your debit card for cryptocurrency purchases on Cash App.