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Are there any fees involved in cashing out Bitcoin from Cash App?

avatarMahmoud SabryDec 27, 2021 · 3 years ago3 answers

Can you tell me if there are any fees associated with cashing out Bitcoin from Cash App? I want to know if I'll be charged any fees when I withdraw my Bitcoin from Cash App to my bank account.

Are there any fees involved in cashing out Bitcoin from Cash App?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees involved in cashing out Bitcoin from Cash App. When you sell your Bitcoin and withdraw the funds to your bank account, Cash App charges a fee of 1.76% for the transaction. This fee is subject to change and may vary depending on market conditions. It's always a good idea to check the current fee structure on the Cash App website or app before making any transactions.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! Cashing out Bitcoin from Cash App comes with a fee. When you sell your Bitcoin and transfer the funds to your bank account, Cash App deducts a fee of 1.76%. This fee covers the processing and transaction costs associated with converting Bitcoin to fiat currency. Keep in mind that the fee may change over time, so it's important to stay updated with the latest fee structure on Cash App's platform.
  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees involved when cashing out Bitcoin from Cash App. Cash App charges a fee of 1.76% for converting and transferring Bitcoin to your bank account. However, it's worth noting that this fee is subject to change and may vary depending on market conditions. To get the most accurate and up-to-date information on fees, I recommend checking the official Cash App website or contacting their customer support.