Are there any fees associated with buying or selling cryptocurrencies on Cash App?
Reuben MarguliesDec 19, 2021 · 3 years ago3 answers
What are the fees associated with buying or selling cryptocurrencies on Cash App? Do they charge any transaction fees or commissions?
3 answers
- Dec 19, 2021 · 3 years agoYes, there are fees associated with buying or selling cryptocurrencies on Cash App. When you buy or sell cryptocurrencies on Cash App, they charge a fee of 1.75% for each transaction. This fee is included in the price shown at the time of purchase or sale. So, if you buy $100 worth of Bitcoin, you will actually receive $98.25 worth of Bitcoin after the fee is deducted.
- Dec 19, 2021 · 3 years agoAbsolutely! Cash App does charge fees for buying or selling cryptocurrencies. The fee is 1.75% of the transaction amount. This fee is automatically calculated and deducted from the total amount you are buying or selling. So, make sure to take this fee into account when making your transactions on Cash App.
- Dec 19, 2021 · 3 years agoYes, there are fees associated with buying or selling cryptocurrencies on Cash App. Cash App charges a fee of 1.75% for each transaction. This fee is quite competitive compared to other platforms. However, it's important to note that the fee may vary depending on the market conditions and the type of cryptocurrency you are buying or selling. So, always double-check the fee before making a transaction.
Related Tags
Hot Questions
- 89
How can I protect my digital assets from hackers?
- 79
How can I buy Bitcoin with a credit card?
- 63
What are the best practices for reporting cryptocurrency on my taxes?
- 52
Are there any special tax rules for crypto investors?
- 49
What are the tax implications of using cryptocurrency?
- 39
What are the best digital currencies to invest in right now?
- 26
How can I minimize my tax liability when dealing with cryptocurrencies?
- 23
What is the future of blockchain technology?