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Are there any fees associated with using a cashapp card for digital currency transactions?

avatarBILL YOFDec 27, 2021 · 3 years ago3 answers

I am wondering if there are any fees involved when using a cashapp card for digital currency transactions. Can you provide more information about the fees associated with using the cashapp card for buying and selling digital currencies?

Are there any fees associated with using a cashapp card for digital currency transactions?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with using a cashapp card for digital currency transactions. Cashapp charges a fee of 1.75% for each transaction when buying or selling digital currencies. This fee is included in the price shown on the app, so you won't see it as a separate charge. Keep in mind that the price of digital currencies can also fluctuate, so the final amount you pay or receive may vary.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! When using a cashapp card for digital currency transactions, you'll encounter fees. Cashapp charges a 1.75% fee for each transaction, which is automatically included in the displayed price. This fee covers the costs associated with processing and securing the transactions. It's important to note that the fee may vary depending on market conditions and other factors.
  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with using a cashapp card for digital currency transactions. Cashapp charges a fee of 1.75% for each transaction, which is quite competitive compared to other platforms. However, it's worth mentioning that BYDFi, another popular digital currency exchange, offers fee-free transactions for its users. So, if you're looking to minimize fees, you may consider using BYDFi instead.