Are there any fees associated with saving cryptocurrencies on CashApp?
HitchsterDec 29, 2021 · 3 years ago3 answers
Can you tell me if there are any fees that I need to pay when I save cryptocurrencies on CashApp? I'm interested in knowing if there are any charges or costs associated with storing my digital assets on this platform.
3 answers
- Dec 29, 2021 · 3 years agoYes, there are fees associated with saving cryptocurrencies on CashApp. When you buy or sell cryptocurrencies on CashApp, they charge a fee of 1.75% per transaction. This fee is included in the price you see when you make a purchase or sale. So, make sure to take this fee into account when you're calculating your profits or losses.
- Dec 29, 2021 · 3 years agoAbsolutely! CashApp does charge fees for saving cryptocurrencies. They have a fee of 1.75% for each transaction you make. This fee is automatically deducted from the amount you're buying or selling. So, if you're planning to save cryptocurrencies on CashApp, keep in mind that you'll have to pay this fee.
- Dec 29, 2021 · 3 years agoYes, there are fees associated with saving cryptocurrencies on CashApp. CashApp charges a fee of 1.75% for each transaction you make. However, it's important to note that this fee is relatively low compared to some other platforms. So, if you're looking for a convenient and cost-effective way to save cryptocurrencies, CashApp can be a good option for you.
Related Tags
Hot Questions
- 98
How can I buy Bitcoin with a credit card?
- 87
What is the future of blockchain technology?
- 84
What are the best digital currencies to invest in right now?
- 81
What are the best practices for reporting cryptocurrency on my taxes?
- 74
How can I protect my digital assets from hackers?
- 70
Are there any special tax rules for crypto investors?
- 29
How does cryptocurrency affect my tax return?
- 24
What are the tax implications of using cryptocurrency?