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Is there a fee for buying or selling cryptocurrencies on cash app?

avatarStar ExpertDec 16, 2021 · 3 years ago3 answers

I am interested in using the Cash App to buy or sell cryptocurrencies. Can you please tell me if there are any fees associated with these transactions?

Is there a fee for buying or selling cryptocurrencies on cash app?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees for buying or selling cryptocurrencies on Cash App. When you buy Bitcoin or any other supported cryptocurrency, Cash App charges a fee of 1.75% for each transaction. This fee is included in the quoted price and is not shown separately. So, if you buy $100 worth of Bitcoin, you will actually receive $98.25 worth of Bitcoin after the fee is deducted.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! Cash App does charge a fee for buying or selling cryptocurrencies. The fee is 1.75% of the transaction amount, which is quite reasonable compared to some other platforms. Just keep in mind that the fee is already factored into the price you see when making a transaction, so there won't be any surprises.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there is a fee for buying or selling cryptocurrencies on Cash App. However, the fee is relatively low compared to other platforms. Cash App charges a 1.75% fee on each transaction, which is automatically included in the price you see. So, if you're planning to use Cash App for your cryptocurrency transactions, just be aware of this fee.