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Are there any fees associated with buying Bitcoin on Cashapp?

avatarSmyna ReddyDec 17, 2021 · 3 years ago3 answers

Can you tell me if there are any fees that I need to pay when buying Bitcoin on Cashapp?

Are there any fees associated with buying Bitcoin on Cashapp?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with buying Bitcoin on Cashapp. When you purchase Bitcoin on Cashapp, they charge a fee of 1.75% for each transaction. This fee is added to the total amount of Bitcoin you are buying. So, if you are buying $100 worth of Bitcoin, you will actually receive $98.25 worth of Bitcoin after the fee is deducted.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Cashapp does charge a fee for buying Bitcoin. The fee is 1.75% of the total transaction amount. So, if you are buying $100 worth of Bitcoin, you will be charged $1.75 as a fee. Keep in mind that fees may vary depending on the amount and the current market conditions.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with buying Bitcoin on Cashapp. However, the fees are relatively low compared to other platforms. Cashapp charges a fee of 1.75% for each Bitcoin purchase. This fee is automatically deducted from the total amount you are buying. So, if you are buying $100 worth of Bitcoin, you will receive $98.25 worth of Bitcoin after the fee is deducted. Please note that fees may change over time, so it's always a good idea to check the latest fee structure on Cashapp's website.