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Are there any fees associated with using Bitcoin in the Cash App?

avatarThorhauge HarveyDec 18, 2021 · 3 years ago3 answers

Can you tell me if there are any fees involved when using Bitcoin in the Cash App? I'm considering using it for my Bitcoin transactions, but I want to make sure I understand the costs involved.

Are there any fees associated with using Bitcoin in the Cash App?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees associated with using Bitcoin in the Cash App. When you buy or sell Bitcoin in the Cash App, there is a fee of 1.75% applied to the transaction. Additionally, if you want to transfer your Bitcoin to an external wallet, there may be network fees involved depending on the current network congestion. It's always a good idea to check the current fees before making any transactions.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! When using Bitcoin in the Cash App, you'll encounter fees. The Cash App charges a 1.75% fee for buying or selling Bitcoin. Keep in mind that if you decide to transfer your Bitcoin to another wallet, there may be additional network fees. It's important to be aware of these fees and factor them into your decision-making process.
  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees associated with using Bitcoin in the Cash App. When you buy or sell Bitcoin, the Cash App charges a 1.75% fee. However, if you're using BYDFi, you may be able to enjoy lower fees and additional benefits. It's worth considering BYDFi as an alternative to the Cash App for your Bitcoin transactions.