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Are there any fees associated with using a debit card on cash app for buying and selling cryptocurrencies?

avatarIm HeliumsDec 17, 2021 · 3 years ago3 answers

Can you tell me if there are any fees involved in using a debit card on cash app for buying and selling cryptocurrencies? I'm considering using cash app for my crypto transactions, but I want to make sure I understand all the costs involved.

Are there any fees associated with using a debit card on cash app for buying and selling cryptocurrencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with using a debit card on cash app for buying and selling cryptocurrencies. Cash app charges a fee of 1.5% for each transaction. This fee is applied to both buying and selling cryptocurrencies. It's important to keep in mind that this fee may vary depending on the market conditions and can change over time. So, it's always a good idea to check the current fee structure before making any transactions.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! When using a debit card on cash app for buying and selling cryptocurrencies, you'll be charged a fee. The fee is 1.5% of the transaction amount. This fee is automatically deducted from your cash app balance when you make a transaction. It's worth noting that this fee is subject to change, so it's a good idea to stay updated with the latest fee structure.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with using a debit card on cash app for buying and selling cryptocurrencies. Cash app charges a fee of 1.5% for each transaction. However, it's important to note that this fee is relatively low compared to other platforms. Some exchanges charge much higher fees, so cash app can be a cost-effective option for buying and selling cryptocurrencies using a debit card.