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Are there any fees or charges when adding money to Cash App with cryptocurrency?

avatarRCVDec 20, 2021 · 3 years ago3 answers

What are the fees or charges associated with adding money to Cash App using cryptocurrency?

Are there any fees or charges when adding money to Cash App with cryptocurrency?

3 answers

  • avatarDec 20, 2021 · 3 years ago
    Yes, there are fees and charges when adding money to Cash App with cryptocurrency. Cash App charges a fee of 1.75% for each transaction involving cryptocurrency. This fee is applied to both buying and selling cryptocurrency on the platform. Additionally, there may be additional fees charged by the cryptocurrency network itself, such as network transaction fees. It's important to review the fee structure and terms of service provided by Cash App and the specific cryptocurrency network before making any transactions.
  • avatarDec 20, 2021 · 3 years ago
    Absolutely! When you add money to Cash App using cryptocurrency, you'll be subject to fees and charges. Cash App charges a 1.75% fee on all cryptocurrency transactions. This fee covers the costs associated with processing and maintaining the network. It's important to note that there may also be additional fees imposed by the cryptocurrency network itself. These fees can vary depending on the network and the specific transaction. Make sure to review the fee structure and terms of service before making any transactions.
  • avatarDec 20, 2021 · 3 years ago
    Yes, there are fees and charges when adding money to Cash App with cryptocurrency. Cash App charges a fee of 1.75% for each transaction involving cryptocurrency. This fee is in line with industry standards and covers the costs associated with processing and maintaining the network. Additionally, there may be network transaction fees imposed by the cryptocurrency network itself. It's important to consider these fees when making transactions and factor them into your overall cost.