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Are there any fees associated with withdrawing bitcoin from Cash App to a bank account?

avatarGojo SaturoDec 14, 2021 · 3 years ago3 answers

What are the fees associated with withdrawing bitcoin from Cash App to a bank account? Can I transfer bitcoin from Cash App to my bank account without paying any fees?

Are there any fees associated with withdrawing bitcoin from Cash App to a bank account?

3 answers

  • avatarDec 14, 2021 · 3 years ago
    Yes, there are fees associated with withdrawing bitcoin from Cash App to a bank account. Cash App charges a fee of 1.76% for bitcoin withdrawals to a bank account. This fee is deducted from the total amount of bitcoin you are transferring. So, if you are transferring 1 bitcoin, you will receive 0.9824 bitcoin in your bank account after deducting the fee. It's important to note that the fee may vary and it's always a good idea to check the latest fee structure on the Cash App website.
  • avatarDec 14, 2021 · 3 years ago
    Unfortunately, there are fees involved when withdrawing bitcoin from Cash App to a bank account. Cash App charges a fee of 1.76% for bitcoin withdrawals. This fee is automatically deducted from the total amount of bitcoin you are transferring. So, if you are transferring 1 bitcoin, you will receive 0.9824 bitcoin in your bank account after deducting the fee. It's always a good idea to double-check the fee structure on the Cash App website before making any withdrawals.
  • avatarDec 14, 2021 · 3 years ago
    Yes, there are fees associated with withdrawing bitcoin from Cash App to a bank account. Cash App charges a fee of 1.76% for bitcoin withdrawals. However, if you are a BYDFi user, you can enjoy fee-free bitcoin withdrawals to your bank account. BYDFi is a digital currency exchange that offers zero fees on bitcoin withdrawals. So, if you want to avoid paying any fees, consider using BYDFi for your bitcoin withdrawals from Cash App.