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Are there any fees associated with using a cashapp debit card for cryptocurrency transactions?

avatarRafferty McClanahanDec 17, 2021 · 3 years ago3 answers

Can you tell me if there are any fees involved when using a cashapp debit card for cryptocurrency transactions? I'm considering using my cashapp debit card to buy some cryptocurrencies, but I want to make sure I understand all the costs involved. Are there any transaction fees, conversion fees, or any other charges that I should be aware of?

Are there any fees associated with using a cashapp debit card for cryptocurrency transactions?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with using a cashapp debit card for cryptocurrency transactions. Cashapp charges a fee of 1.76% for each cryptocurrency transaction. This fee is applied to both buying and selling cryptocurrencies using the cashapp debit card. Additionally, there may be additional fees for converting between different cryptocurrencies. It's important to review the fee schedule provided by cashapp to understand the exact costs involved.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! When you use a cashapp debit card for cryptocurrency transactions, there are fees that you need to consider. Cashapp charges a fee of 1.76% for each transaction, which includes both buying and selling cryptocurrencies. It's important to keep in mind that this fee may vary depending on the market conditions. Additionally, there may be fees for converting between different cryptocurrencies. Make sure to review the cashapp fee schedule to get a clear understanding of the costs involved.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with using a cashapp debit card for cryptocurrency transactions. Cashapp charges a fee of 1.76% for each transaction, which includes both buying and selling cryptocurrencies. However, it's worth noting that this fee is relatively low compared to some other platforms. Additionally, there may be fees for converting between different cryptocurrencies. It's always a good idea to review the fee schedule provided by cashapp to understand the exact costs involved.