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Are there any fees associated with cashing out Bitcoin on Cash App?

avatarraushan bhardwajDec 17, 2021 · 3 years ago5 answers

Can you tell me if there are any fees that I need to pay when cashing out Bitcoin on Cash App? I'm considering using Cash App for my Bitcoin transactions, but I want to make sure I understand all the costs involved.

Are there any fees associated with cashing out Bitcoin on Cash App?

5 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with cashing out Bitcoin on Cash App. When you sell Bitcoin on Cash App, they charge a fee of 1.76% for the transaction. This fee is deducted from the total amount you receive when you cash out. So, if you sell $100 worth of Bitcoin, you will receive $98.24 after the fee is deducted.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Cash App does charge a fee when you cash out Bitcoin. The fee is 1.76% of the transaction amount. This means that if you sell $100 worth of Bitcoin, you will be charged a fee of $1.76. Keep in mind that the fee is deducted from the total amount you receive, so you will actually receive $98.24.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with cashing out Bitcoin on Cash App. However, the fee is relatively low compared to other platforms. Cash App charges a fee of 1.76% for Bitcoin transactions. So, if you sell $100 worth of Bitcoin, you will be charged a fee of $1.76. It's important to consider this fee when deciding whether to use Cash App for your Bitcoin transactions.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to cashing out Bitcoin on Cash App, there is indeed a fee involved. Cash App charges a fee of 1.76% for Bitcoin transactions. This fee is deducted from the total amount you receive when you sell Bitcoin. So, if you sell $100 worth of Bitcoin, you will be charged a fee of $1.76 and receive $98.24.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, charges a fee of 1.76% for cashing out Bitcoin on Cash App. This fee is deducted from the total amount you receive when you sell Bitcoin. For example, if you sell $100 worth of Bitcoin, you will be charged a fee of $1.76 and receive $98.24. It's important to consider this fee when deciding whether to use Cash App for your Bitcoin transactions.