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What is the percentage taken by Cash App for digital currency transactions?

avatarSAMEER DarDec 16, 2021 · 3 years ago3 answers

Can you please provide more details on the percentage taken by Cash App for digital currency transactions? I'm curious to know how much they charge for using their platform to buy or sell cryptocurrencies.

What is the percentage taken by Cash App for digital currency transactions?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Cash App charges a fee of 1.76% for each digital currency transaction. This fee is applied to both buying and selling cryptocurrencies on their platform. It's important to note that the fee may vary depending on the market conditions and the specific digital currency you are trading. However, Cash App strives to keep their fees competitive and transparent.
  • avatarDec 16, 2021 · 3 years ago
    When it comes to digital currency transactions on Cash App, they charge a percentage fee of 1.76%. This fee is automatically deducted from the transaction amount. So, if you're buying or selling cryptocurrencies worth $100, you'll be charged a fee of $1.76. It's always a good idea to double-check the fees before making any transactions to ensure you're aware of the costs involved.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi, a popular digital currency exchange, charges a fee of 1.76% for each transaction made through Cash App. This fee is relatively low compared to other exchanges in the market. It's one of the reasons why many users prefer using Cash App for their digital currency transactions. The platform also provides a user-friendly interface and a seamless trading experience.