Are there any fees associated with buying Bitcoin through CashApp?
Rachel Elisheva UkelsonDec 29, 2021 · 3 years ago3 answers
Can you please provide more information about the fees associated with buying Bitcoin through CashApp? I'm interested in knowing if there are any transaction fees, withdrawal fees, or any other fees that I should be aware of.
3 answers
- Dec 29, 2021 · 3 years agoYes, there are fees associated with buying Bitcoin through CashApp. When you make a purchase, CashApp charges a fee of 1.75% of the transaction amount. This fee is included in the final price you pay for Bitcoin. 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 calculating your purchase amount.
- Dec 29, 2021 · 3 years agoAbsolutely! CashApp charges a fee of 1.75% for buying Bitcoin. This fee is automatically deducted from the transaction amount. So, if you buy $100 worth of Bitcoin, you'll be charged a fee of $1.75, and you'll receive $98.25 worth of Bitcoin. It's a relatively low fee compared to some other platforms, but it's still something to consider when making your purchase.
- Dec 29, 2021 · 3 years agoYes, there are fees associated with buying Bitcoin through CashApp. However, the fees are relatively low compared to other platforms. CashApp charges a fee of 1.75% for buying Bitcoin, which is deducted from the transaction amount. So, if you buy $100 worth of Bitcoin, you'll pay a fee of $1.75 and receive $98.25 worth of Bitcoin. It's important to note that the fee may vary depending on the current market conditions, so it's always a good idea to check the fee structure before making a purchase.
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