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Are there any fees associated with buying cryptocurrencies through CashApp?

avatarHsungjinDec 30, 2021 · 3 years ago6 answers

I'm interested in buying cryptocurrencies through CashApp, but I'm wondering if there are any fees associated with it. Can you please provide more information about the fees involved in buying cryptocurrencies through CashApp?

Are there any fees associated with buying cryptocurrencies through CashApp?

6 answers

  • avatarDec 30, 2021 · 3 years ago
    Yes, there are fees associated with buying cryptocurrencies through CashApp. When you buy Bitcoin or other cryptocurrencies on CashApp, they charge a fee of 1.75% for each transaction. This fee is included in the price you see when you make a 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 calculating your investment.
  • avatarDec 30, 2021 · 3 years ago
    Absolutely! CashApp does charge fees for buying cryptocurrencies. The fee is 1.75% of the transaction amount. So, if you buy $100 worth of Bitcoin, you'll be charged $1.75 as a fee. This fee is automatically deducted from the total amount you're purchasing. It's always a good idea to check the fees before making any transactions to avoid surprises.
  • avatarDec 30, 2021 · 3 years ago
    Yes, there are fees associated with buying cryptocurrencies through CashApp. However, it's worth noting that the fees are relatively low compared to some other platforms. CashApp charges a fee of 1.75% for buying cryptocurrencies. This fee is deducted from the total amount you're purchasing. So, if you buy $100 worth of Bitcoin, you'll be charged $1.75 as a fee. It's important to consider the fees when deciding to buy cryptocurrencies through CashApp.
  • avatarDec 30, 2021 · 3 years ago
    When it comes to buying cryptocurrencies through CashApp, there are indeed fees involved. CashApp charges a fee of 1.75% for each transaction. This fee is automatically deducted from the total amount you're purchasing. So, if you buy $100 worth of Bitcoin, you'll be charged $1.75 as a fee. It's always a good idea to be aware of the fees before making any transactions.
  • avatarDec 30, 2021 · 3 years ago
    Yes, there are fees associated with buying cryptocurrencies through CashApp. CashApp charges a fee of 1.75% for each transaction. This fee is deducted from the total amount you're purchasing. So, if you buy $100 worth of Bitcoin, you'll be charged $1.75 as a fee. It's important to factor in these fees when considering buying cryptocurrencies through CashApp.
  • avatarDec 30, 2021 · 3 years ago
    BYDFi does not charge any fees for buying cryptocurrencies through CashApp. However, it's worth noting that CashApp itself charges a fee of 1.75% for each transaction. This fee is automatically deducted from the total amount you're purchasing. So, if you buy $100 worth of Bitcoin, you'll be charged $1.75 as a fee. It's important to be aware of these fees when using CashApp to buy cryptocurrencies.