Are there any fees associated with buying bitcoin on Cash App?

3 answers

• Dec 29, 2021 · 3 years ago
  Yes, there are fees associated with buying bitcoin on Cash App. When you buy bitcoin on Cash App, they charge a fee of 1.75% of the transaction amount. This fee is included in the total cost of your purchase. So, if you buy $100 worth of bitcoin, you'll actually receive $98.25 worth of bitcoin after the fee is deducted. It's important to keep this fee in mind when deciding how much bitcoin to buy.
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• Dec 29, 2021 · 3 years ago
  Absolutely! Cash App does charge fees for buying bitcoin. The fee is 1.75% of the transaction amount, which is pretty standard in the industry. It's important to note that this fee is subject to change, so it's always a good idea to check the latest fee structure on the Cash App website or app before making a purchase. Additionally, it's worth considering the convenience and ease of use that Cash App offers when deciding whether the fees are worth it for you.
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• Dec 29, 2021 · 3 years ago
  Yes, there are fees associated with buying bitcoin on Cash App. However, it's important to note that these fees are not set by Cash App itself, but rather by the market. Cash App uses a third-party service to facilitate bitcoin transactions, and this service charges a fee of 1.75% of the transaction amount. While this fee may seem high compared to some other platforms, it's worth considering the convenience and simplicity of using Cash App for buying bitcoin. Plus, Cash App offers a user-friendly interface and a seamless integration with your bank account, making it a popular choice for many users.
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