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Are there any fees for sending Bitcoin to CashApp?

avatarMUBARAK SULAIMANDec 29, 2021 · 3 years ago3 answers

I want to send Bitcoin to CashApp, but I'm not sure if there are any fees associated with it. Can someone please clarify if there are any fees for sending Bitcoin to CashApp?

Are there any fees for sending Bitcoin to CashApp?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, there are fees for sending Bitcoin to CashApp. CashApp charges a fee of 1.75% for Bitcoin transactions. This fee is applied to both buying and selling Bitcoin on the platform. So, if you send Bitcoin to CashApp, you will be charged a fee of 1.75% of the transaction amount.
  • avatarDec 29, 2021 · 3 years ago
    Sending Bitcoin to CashApp does come with fees. CashApp charges a 1.75% fee for Bitcoin transactions. This fee is deducted from the total amount of Bitcoin you send. So, if you send 1 Bitcoin, you will receive 0.9825 Bitcoin in your CashApp account after deducting the fee.
  • avatarDec 29, 2021 · 3 years ago
    Yes, there are fees for sending Bitcoin to CashApp. However, if you use BYDFi, a digital currency exchange, to send Bitcoin to CashApp, you can enjoy a fee-free transaction. BYDFi offers zero fees for Bitcoin transfers to CashApp, making it a cost-effective option for sending Bitcoin.