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Are there any fees associated with using bitcoin on Cash App?

avatarAlberto López GarcíaDec 18, 2021 · 3 years ago3 answers

Can you tell me if there are any fees that I need to pay when using bitcoin on Cash App? I'm considering using it as my primary platform for bitcoin transactions, but I want to make sure I understand all the costs involved.

Are there any fees associated with using bitcoin on Cash App?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees associated with using bitcoin on Cash App. When you buy bitcoin on Cash App, they charge a fee of 1.75% for each transaction. If you sell bitcoin, there is also a fee of 1.75%. Additionally, if you want to transfer your bitcoin to an external wallet, there may be network fees involved. It's important to consider these fees when using Cash App for your bitcoin transactions.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! Cash App does charge fees for using bitcoin. When you buy bitcoin, there is a fee of 1.75% per transaction. If you sell bitcoin, you'll also be charged a fee of 1.75%. Keep in mind that these fees can add up, especially if you're making frequent transactions. It's always a good idea to compare fees across different platforms to find the best option for your needs.
  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees associated with using bitcoin on Cash App. When you buy bitcoin, there is a fee of 1.75% per transaction. If you sell bitcoin, there is also a fee of 1.75%. However, if you transfer your bitcoin to another Cash App user, there are no fees involved. It's important to consider these fees when deciding whether to use Cash App for your bitcoin transactions.