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Are there any fees associated with buying Bitcoin through CashApp?

avatarShilpi SharmaDec 20, 2021 · 3 years ago3 answers

Can you please provide more information about the fees associated with buying Bitcoin through CashApp? I'm interested in knowing if there are any transaction fees, withdrawal fees, or any other fees that I should be aware of.

Are there any fees associated with buying Bitcoin through CashApp?

3 answers

  • avatarDec 20, 2021 · 3 years ago
    Yes, there are fees associated with buying Bitcoin through CashApp. When you make a purchase, CashApp charges a fee of 1.75% of the transaction amount. This fee is included in the final price you pay for Bitcoin. So, if you buy $100 worth of Bitcoin, you'll actually receive $98.25 worth of Bitcoin after the fee is deducted. It's important to keep this fee in mind when calculating your purchase amount.
  • avatarDec 20, 2021 · 3 years ago
    Absolutely! CashApp charges a fee of 1.75% for buying Bitcoin. This fee is automatically deducted from the transaction amount. So, if you buy $100 worth of Bitcoin, you'll be charged a fee of $1.75, and you'll receive $98.25 worth of Bitcoin. It's a relatively low fee compared to some other platforms, but it's still something to consider when making your purchase.
  • avatarDec 20, 2021 · 3 years ago
    Yes, there are fees associated with buying Bitcoin through CashApp. However, the fees are relatively low compared to other platforms. CashApp charges a fee of 1.75% for buying Bitcoin, which is deducted from the transaction amount. So, if you buy $100 worth of Bitcoin, you'll pay a fee of $1.75 and receive $98.25 worth of Bitcoin. It's important to note that the fee may vary depending on the current market conditions, so it's always a good idea to check the fee structure before making a purchase.