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What are the fees for using CashApp to buy Bitcoin?

avatarMiroslaw IwanowDec 16, 2021 · 3 years ago3 answers

Can you please provide more details about the fees associated with using CashApp to buy Bitcoin? I'm interested in knowing the specific charges and if there are any additional fees apart from the transaction fees.

What are the fees for using CashApp to buy Bitcoin?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! When using CashApp to buy Bitcoin, you'll be charged a transaction fee of 1.76%. This fee is calculated based on the market price of Bitcoin at the time of purchase. In addition to the transaction fee, CashApp may also apply a spread, which is the difference between the market price and the price you pay. It's important to note that the spread can vary and may result in a slightly higher price than what you see on other exchanges. Overall, CashApp offers a convenient way to buy Bitcoin, but it's essential to consider the fees involved before making a purchase.
  • avatarDec 16, 2021 · 3 years ago
    The fees for using CashApp to buy Bitcoin are relatively straightforward. You'll be charged a transaction fee of 1.76% for each purchase. This fee is automatically deducted from the total amount of Bitcoin you buy. It's worth noting that the transaction fee may change depending on the market conditions. Additionally, CashApp may also apply a spread, which can affect the final price you pay. It's always a good idea to double-check the fees and compare them with other platforms before making a decision.
  • avatarDec 16, 2021 · 3 years ago
    When using CashApp to buy Bitcoin, you'll encounter a transaction fee of 1.76%. This fee is applied to the total amount of Bitcoin you purchase and is automatically deducted from your account. It's important to keep in mind that the transaction fee may vary depending on the current market conditions. CashApp aims to provide a transparent fee structure, but it's advisable to review the fees and compare them with other platforms to ensure you're getting the best deal.