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Are there any fees associated with using a savings account for cryptocurrency on Cash App?

avatarNagitoDec 20, 2021 · 3 years ago3 answers

Can you tell me if there are any fees involved when using a savings account for cryptocurrency on Cash App?

Are there any fees associated with using a savings account for cryptocurrency on Cash App?

3 answers

  • avatarDec 20, 2021 · 3 years ago
    Yes, there are fees associated with using a savings account for cryptocurrency on Cash App. When you buy or sell cryptocurrency, Cash App charges a fee of 1.75% for each transaction. Additionally, if you choose to transfer your cryptocurrency to an external wallet, Cash App may apply a network fee. It's important to review the fee structure on Cash App's website for the most up-to-date information.
  • avatarDec 20, 2021 · 3 years ago
    Absolutely! Cash App does charge fees for using a savings account for cryptocurrency. The fees include a 1.75% transaction fee when buying or selling cryptocurrency. There may also be network fees if you decide to transfer your cryptocurrency to an external wallet. Make sure to check Cash App's website for the latest fee details.
  • avatarDec 20, 2021 · 3 years ago
    Yes, there are fees associated with using a savings account for cryptocurrency on Cash App. Cash App charges a 1.75% fee for each cryptocurrency transaction. If you transfer your cryptocurrency to an external wallet, there may be additional network fees. Keep in mind that fees can vary, so it's always a good idea to check Cash App's fee schedule for the most accurate information.