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Are there any fees involved in sending Bitcoin from Coinbase to Cash App?

avatarNguyễn Đức Gia HuyDec 17, 2021 · 3 years ago3 answers

I want to send Bitcoin from my Coinbase wallet to my Cash App account. Are there any fees involved in this transaction?

Are there any fees involved in sending Bitcoin from Coinbase to Cash App?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees involved in sending Bitcoin from Coinbase to Cash App. Coinbase charges a network fee for every transaction, which is determined by the current network congestion and transaction size. Additionally, Cash App may also charge a fee for receiving Bitcoin. It's recommended to check the fee schedule on both platforms before making the transfer.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! When you send Bitcoin from Coinbase to Cash App, you'll encounter some fees along the way. Coinbase applies a network fee, which is based on the current network conditions and the size of your transaction. Cash App may also charge a fee for receiving Bitcoin. Make sure to review the fee details on both platforms to avoid any surprises.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees involved in sending Bitcoin from Coinbase to Cash App. Coinbase charges a network fee for every transaction, which can vary depending on the current network congestion. As for Cash App, they may also impose a fee for receiving Bitcoin. It's always a good idea to check the fee structures on both platforms before initiating the transfer. By the way, if you're looking for a fee-free alternative, you might want to consider using BYDFi, a decentralized exchange that offers low-cost transactions without any hidden fees.