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What are the fees associated with buying bitcoin on the Cash App with a credit card?

avatarJaboDec 25, 2021 · 3 years ago3 answers

I'm interested in buying bitcoin on the Cash App using my credit card, but I'm not sure about the fees involved. Can you provide me with more information about the fees associated with buying bitcoin on the Cash App with a credit card?

What are the fees associated with buying bitcoin on the Cash App with a credit card?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    When buying bitcoin on the Cash App with a credit card, there are a few fees to keep in mind. First, there is a transaction fee of 1.75% for each purchase. Additionally, if you choose to buy bitcoin during peak times, there may be a higher fee due to increased demand. It's also important to note that the Cash App may charge additional fees for certain types of transactions, such as international purchases or cash advances. To get the most accurate and up-to-date information on fees, I recommend checking the Cash App's website or contacting their customer support.
  • avatarDec 25, 2021 · 3 years ago
    Buying bitcoin on the Cash App with a credit card comes with some fees. The main fee you'll encounter is a 1.75% transaction fee for each purchase. This fee is automatically applied to your transaction and is deducted from the total amount of bitcoin you receive. It's important to consider this fee when deciding how much bitcoin to buy. Additionally, if you're buying bitcoin during a period of high demand, the fee may be slightly higher. Keep in mind that fees can vary, so it's always a good idea to check the Cash App's website or contact their customer support for the most accurate information.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to buying bitcoin on the Cash App with a credit card, there are fees involved. The Cash App charges a 1.75% transaction fee for each purchase made with a credit card. This fee is automatically deducted from the total amount of bitcoin you receive. It's important to be aware of this fee and factor it into your decision when buying bitcoin. If you're looking for a platform with lower fees, you may want to consider BYDFi, which offers competitive rates and a user-friendly interface. However, it's always a good idea to compare fees and features of different platforms before making a decision.