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How does Cash App compare to Coinbase in terms of fees for buying and selling cryptocurrencies?

avatarAmir RazzaghiDec 16, 2021 · 3 years ago3 answers

Can you provide a detailed comparison of the fees for buying and selling cryptocurrencies on Cash App and Coinbase?

How does Cash App compare to Coinbase in terms of fees for buying and selling cryptocurrencies?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    When it comes to fees for buying and selling cryptocurrencies, Cash App and Coinbase have different fee structures. Cash App charges a fee of 1.75% for each transaction, while Coinbase charges a fee ranging from 1.49% to 3.99% depending on the payment method and transaction amount. It's important to note that Coinbase also has additional fees for certain transactions, such as a Coinbase Fee and a Coinbase Pro Fee. Overall, if you're looking for lower fees, Cash App may be a better option, but if you prefer a more established and feature-rich platform, Coinbase might be the way to go.
  • avatarDec 16, 2021 · 3 years ago
    Comparing the fees for buying and selling cryptocurrencies on Cash App and Coinbase, it's clear that Cash App offers a lower fee structure. Cash App charges a flat fee of 1.75% for each transaction, regardless of the payment method or transaction amount. On the other hand, Coinbase charges a fee ranging from 1.49% to 3.99% depending on various factors. While Coinbase is a more popular and widely used platform, Cash App's lower fees make it an attractive option for those looking to minimize transaction costs.
  • avatarDec 16, 2021 · 3 years ago
    In terms of fees for buying and selling cryptocurrencies, Cash App and Coinbase have different approaches. Cash App charges a fixed fee of 1.75% for each transaction, while Coinbase's fees vary depending on the payment method and transaction amount. However, it's worth noting that Cash App may not offer as wide a selection of cryptocurrencies as Coinbase. If you're looking for a platform with a larger variety of cryptocurrencies and are willing to pay slightly higher fees, Coinbase might be the better choice. On the other hand, if you prioritize lower fees and simplicity, Cash App could be a suitable option.