Are there any fees or charges associated with using Cash App as a payment card for cryptocurrency transactions?
turboJan 13, 2022 · 3 years ago3 answers
Can you tell me if there are any fees or charges when using Cash App as a payment card for cryptocurrency transactions? I'm interested in knowing if there are any additional costs involved.
3 answers
- Jan 13, 2022 · 3 years agoYes, there are fees associated with using Cash App as a payment card for cryptocurrency transactions. When you buy or sell cryptocurrency on Cash App, there is a fee of 1.75% applied to the transaction. Additionally, if you make an instant deposit to buy cryptocurrency, there is a fee of 1.5% of the transaction amount. It's important to consider these fees when using Cash App for cryptocurrency transactions.
- Jan 13, 2022 · 3 years agoAbsolutely! Cash App charges a fee of 1.75% for buying or selling cryptocurrency using their payment card. In addition, if you choose to make an instant deposit to buy cryptocurrency, there is an extra fee of 1.5% of the transaction amount. So, make sure to factor in these fees when using Cash App for your cryptocurrency transactions.
- Jan 13, 2022 · 3 years agoYes, there are fees associated with using Cash App as a payment card for cryptocurrency transactions. When you buy or sell cryptocurrency, Cash App charges a fee of 1.75% on the transaction amount. If you choose to make an instant deposit to buy cryptocurrency, there is an additional fee of 1.5% of the transaction amount. It's important to be aware of these fees before using Cash App for your cryptocurrency transactions. Please note that the fees may vary and it's always a good idea to check the latest fee structure on Cash App's website.
Related Tags
Hot Questions
- 98
How does cryptocurrency affect my tax return?
- 98
Are there any special tax rules for crypto investors?
- 91
How can I protect my digital assets from hackers?
- 70
How can I minimize my tax liability when dealing with cryptocurrencies?
- 58
What are the best practices for reporting cryptocurrency on my taxes?
- 34
How can I buy Bitcoin with a credit card?
- 26
What are the best digital currencies to invest in right now?
- 12
What are the advantages of using cryptocurrency for online transactions?