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Are there any fees involved in cashing out Bitcoin on Cash App?

avatarUpton McdowellDec 16, 2021 · 3 years ago3 answers

Can you tell me if there are any fees associated with cashing out Bitcoin on Cash App? I'm considering using Cash App for my Bitcoin transactions and want to know if there are any additional costs involved when I want to convert my Bitcoin to cash.

Are there any fees involved in cashing out Bitcoin on Cash App?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees involved when cashing out Bitcoin on Cash App. Cash App charges a fee of 1.75% for Bitcoin transactions. So, if you want to convert your Bitcoin to cash, you'll need to take this fee into account. Keep in mind that fees may vary depending on the current market conditions.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! When you cash out Bitcoin on Cash App, there is a fee of 1.75% that you'll have to pay. This fee is deducted from the total amount you receive when you convert your Bitcoin to cash. It's important to consider this fee when deciding whether to use Cash App for your Bitcoin transactions.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees involved in cashing out Bitcoin on Cash App. Cash App charges a fee of 1.75% for Bitcoin transactions. However, it's worth noting that this fee is relatively low compared to some other platforms. If you're looking for a convenient and cost-effective way to convert your Bitcoin to cash, Cash App can be a good option.