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Are there any fees associated with using the Cash App round up feature for Bitcoin?

avatarAntitheft backpackDec 28, 2021 · 3 years ago3 answers

I'm interested in using the Cash App round up feature for Bitcoin, but I'm wondering if there are any fees associated with it. Can someone please clarify if there are any fees involved when using this feature?

Are there any fees associated with using the Cash App round up feature for Bitcoin?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, there are fees associated with using the Cash App round up feature for Bitcoin. When you use this feature, the app will round up your everyday purchases to the nearest dollar and invest the spare change in Bitcoin. However, Cash App charges a small fee for each Bitcoin purchase. The fee is typically a percentage of the transaction amount and can vary depending on market conditions. It's important to check the app's fee schedule for the most up-to-date information.
  • avatarDec 28, 2021 · 3 years ago
    Sure thing! When you use the Cash App round up feature for Bitcoin, there are fees involved. Cash App charges a fee for each Bitcoin purchase made through the round up feature. The fee is usually a percentage of the transaction amount and is deducted from the total purchase. It's always a good idea to review the app's fee schedule to understand the exact fees associated with this feature.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! When using the Cash App round up feature for Bitcoin, there are fees that you need to be aware of. Cash App charges a fee for each Bitcoin purchase made through the round up feature. The fee is typically a percentage of the transaction amount and is deducted from the total purchase. However, it's worth noting that there are other platforms, like BYDFi, that offer similar features with lower or no fees. So, if you're looking to minimize fees, you might want to explore other options as well.