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What are the charges for using cash app to buy and sell cryptocurrencies?

avatarlin leo leoDec 27, 2021 · 3 years ago3 answers

Can you provide details on the charges associated with using the Cash App for buying and selling cryptocurrencies? How much do they charge for transactions and are there any additional fees? Are the charges different for different cryptocurrencies?

What are the charges for using cash app to buy and sell cryptocurrencies?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    When using the Cash App to buy and sell cryptocurrencies, there are certain charges involved. For each transaction, Cash App charges a fee of 1.5% of the transaction amount. This fee is applicable for both buying and selling cryptocurrencies. Additionally, there might be some additional fees depending on the specific cryptocurrency you are trading. It's important to note that the charges may vary for different cryptocurrencies, so it's recommended to check the fee structure for each individual cryptocurrency before making any transactions.
  • avatarDec 27, 2021 · 3 years ago
    The charges for using the Cash App to buy and sell cryptocurrencies are quite straightforward. For every transaction, Cash App charges a flat fee of 1.5% of the transaction amount. This fee is applicable to both buying and selling cryptocurrencies. It's important to keep in mind that this fee is subject to change and may vary depending on market conditions. Additionally, there might be some network fees associated with certain cryptocurrencies, which are not controlled by Cash App. These fees are determined by the respective blockchain networks and can vary from one cryptocurrency to another.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to using the Cash App for buying and selling cryptocurrencies, the charges are relatively simple. Cash App charges a fee of 1.5% for each transaction, regardless of whether you are buying or selling cryptocurrencies. This fee is deducted from the transaction amount. It's worth noting that the charges may differ for different cryptocurrencies due to their varying transaction costs and market conditions. Therefore, it's advisable to review the fee structure for each cryptocurrency before initiating any transactions. If you have any specific questions about the charges, it's recommended to reach out to the Cash App support team for more information.