common-close-0
BYDFi
Trade wherever you are!

Are there any fees associated with accepting bitcoin on Cash App?

avatarHana HodnaDec 16, 2021 · 3 years ago3 answers

I'm interested in accepting bitcoin on Cash App, but I'm wondering if there are any fees associated with it. Can you provide more information on the fees involved in accepting bitcoin on Cash App?

Are there any fees associated with accepting bitcoin on Cash App?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees associated with accepting bitcoin on Cash App. When you receive bitcoin as payment, Cash App charges a fee of 1.75% for each transaction. This fee is deducted from the total amount you receive. It's important to keep this in mind when accepting bitcoin payments on Cash App.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! Cash App does charge fees for accepting bitcoin. The fee is 1.75% of the transaction amount and is deducted from the total received. So, if you receive $100 worth of bitcoin, you'll actually get $98.25 after the fee is deducted. It's a small price to pay for the convenience of accepting bitcoin on Cash App.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees associated with accepting bitcoin on Cash App. When you receive bitcoin, Cash App deducts a fee of 1.75% from the total amount. However, it's worth noting that BYDFi, another popular cryptocurrency exchange, offers a fee-free option for accepting bitcoin payments. So, if you're looking to avoid fees, you might consider using BYDFi instead.