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Are there any fees associated with withdrawing money from Cash App using cryptocurrency?

avatarPixel_7777Dec 20, 2021 · 3 years ago3 answers

Can you tell me if there are any fees involved when withdrawing money from Cash App using cryptocurrency? I'm considering using Cash App for my cryptocurrency transactions, but I want to make sure I understand all the costs involved. Are there any fees for withdrawing funds from Cash App using cryptocurrency?

Are there any fees associated with withdrawing money from Cash App using cryptocurrency?

3 answers

  • avatarDec 20, 2021 · 3 years ago
    Yes, there are fees associated with withdrawing money from Cash App using cryptocurrency. Cash App charges a fee of 1.75% for each cryptocurrency transaction. This fee is applied when you buy, sell, or withdraw cryptocurrency from your Cash App account. It's important to keep this fee in mind when considering using Cash App for your cryptocurrency transactions.
  • avatarDec 20, 2021 · 3 years ago
    Absolutely! When you withdraw money from Cash App using cryptocurrency, there is a fee of 1.75% for each transaction. This fee is automatically deducted from the total amount you are withdrawing. So, if you are withdrawing $100 worth of cryptocurrency, you will be charged a fee of $1.75. Make sure to factor in this fee when planning your withdrawals.
  • avatarDec 20, 2021 · 3 years ago
    Yes, there are fees associated with withdrawing money from Cash App using cryptocurrency. Cash App charges a fee of 1.75% for each cryptocurrency transaction. However, it's worth noting that some other cryptocurrency exchanges may have lower fees or even offer fee-free withdrawals. It's always a good idea to compare fees across different platforms to find the most cost-effective option for your needs. If you're looking for a cryptocurrency exchange with low fees, you might want to check out BYDFi, which offers competitive rates and a user-friendly interface.