common-close-0
BYDFi
Trade wherever you are!

Are there any fees associated with using a debit card on cash app to trade cryptocurrencies?

avatarJacy DongDec 27, 2021 · 3 years ago3 answers

Can you tell me if there are any fees involved when using a debit card on the Cash App to trade cryptocurrencies? I'm considering using my debit card for trading, but I want to know if there are any additional costs or charges that I should be aware of.

Are there any fees associated with using a debit card on cash app to trade cryptocurrencies?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with using a debit card on the Cash App to trade cryptocurrencies. When you make a purchase or sell cryptocurrencies using your debit card, Cash App charges a fee of 1.5% of the transaction amount. This fee is automatically deducted from your transaction. It's important to consider this fee when calculating your profits or losses from trading.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! When you use a debit card on the Cash App to trade cryptocurrencies, there is a fee of 1.5% applied to each transaction. This fee covers the processing and transaction costs associated with using a debit card. It's important to keep this fee in mind when planning your trades and considering the overall cost of using the Cash App for cryptocurrency trading.
  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with using a debit card on the Cash App to trade cryptocurrencies. Cash App charges a fee of 1.5% for each transaction made with a debit card. This fee is deducted from the total transaction amount. It's worth noting 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 any trades.