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Are there any fees involved when receiving money on CashApp for cryptocurrency transactions?

avatarEsraa SamyDec 30, 2021 · 3 years ago3 answers

I would like to know if there are any fees associated with receiving money on CashApp for cryptocurrency transactions. Can you provide more information on this?

Are there any fees involved when receiving money on CashApp for cryptocurrency transactions?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Yes, there are fees involved when receiving money on CashApp for cryptocurrency transactions. CashApp charges a fee of 1.5% for each transaction. This fee is deducted from the total amount received. So, if you receive $100 worth of cryptocurrency, you will actually receive $98.50 after deducting the fee. It's important to keep this fee in mind when using CashApp for cryptocurrency transactions.
  • avatarDec 30, 2021 · 3 years ago
    Absolutely! When it comes to receiving money on CashApp for cryptocurrency transactions, there are fees involved. CashApp charges a fee of 1.5% for each transaction. This fee is automatically deducted from the amount you receive. So, if you receive $100 worth of cryptocurrency, you'll end up with $98.50. It's always a good idea to factor in these fees when using CashApp for cryptocurrency transactions.
  • avatarDec 30, 2021 · 3 years ago
    Yes, there are fees involved when receiving money on CashApp for cryptocurrency transactions. CashApp charges a fee of 1.5% for each transaction. However, if you're using BYDFi, a popular cryptocurrency exchange, you can receive money without any fees. BYDFi offers fee-free transactions for cryptocurrency transfers on CashApp. So, if you want to avoid fees, consider using BYDFi for your cryptocurrency transactions on CashApp.