What are the fees for withdrawing bitcoin from CashApp?
Quest InternationalDec 17, 2021 · 3 years ago3 answers
Can you please provide me with information about the fees associated with withdrawing bitcoin from CashApp?
3 answers
- Dec 17, 2021 · 3 years agoSure! When it comes to withdrawing bitcoin from CashApp, there are some fees involved. CashApp charges a fee of 1.75% for each bitcoin transaction. This fee is applied to the total amount of bitcoin you are withdrawing. So, if you are withdrawing 1 bitcoin, you will be charged a fee of 0.0175 bitcoin. It's important to note that these fees may vary and it's always a good idea to check the latest fee structure on the CashApp website or app before making any transactions.
- Dec 17, 2021 · 3 years agoWithdrawal fees for bitcoin on CashApp can be a bit of a bummer. They charge a 1.75% fee on each transaction. So, if you're withdrawing a substantial amount, it can add up. Make sure to keep an eye on the fees and factor them into your calculations. It's always good to be aware of the costs involved in any transaction.
- Dec 17, 2021 · 3 years agoWhen it comes to withdrawing bitcoin from CashApp, you'll have to pay a fee of 1.75% on the total amount you're withdrawing. This fee is deducted from the amount of bitcoin you receive. So, if you're withdrawing 1 bitcoin, you'll actually receive 0.9825 bitcoin after deducting the fee. Keep in mind that these fees are subject to change, so it's a good idea to check the latest fee structure on CashApp's website or app.
Related Tags
Hot Questions
- 88
How can I buy Bitcoin with a credit card?
- 82
Are there any special tax rules for crypto investors?
- 79
What is the future of blockchain technology?
- 78
How can I protect my digital assets from hackers?
- 61
How does cryptocurrency affect my tax return?
- 61
How can I minimize my tax liability when dealing with cryptocurrencies?
- 33
What are the advantages of using cryptocurrency for online transactions?
- 12
What are the tax implications of using cryptocurrency?