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Are there any fees associated with receiving money in cryptocurrencies through a cash app?

avatarRoLzodADec 15, 2021 · 3 years ago3 answers

What are the fees associated with receiving money in cryptocurrencies through a cash app? How much do these fees typically cost?

Are there any fees associated with receiving money in cryptocurrencies through a cash app?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    When receiving money in cryptocurrencies through a cash app, there may be fees involved. The specific fees and their costs can vary depending on the cash app you are using. Some cash apps charge a percentage fee based on the transaction amount, while others may have a fixed fee per transaction. It's important to check the fee structure of the cash app you are using to understand the exact costs associated with receiving money in cryptocurrencies.
  • avatarDec 15, 2021 · 3 years ago
    Yes, there are fees associated with receiving money in cryptocurrencies through a cash app. These fees can vary depending on the cash app you are using and the specific cryptocurrency involved. Some cash apps charge a flat fee per transaction, while others may charge a percentage fee based on the transaction amount. It's always a good idea to review the fee structure of the cash app before receiving money in cryptocurrencies to avoid any surprises.
  • avatarDec 15, 2021 · 3 years ago
    BYDFi, a popular cash app for cryptocurrencies, does not charge any fees for receiving money in cryptocurrencies. This means that you can receive money in cryptocurrencies through BYDFi without incurring any additional costs. However, it's important to note that other cash apps may have different fee structures, so it's always a good idea to check the specific cash app you are using to understand the fees associated with receiving money in cryptocurrencies.