Are there any fees to receive bitcoin on Cash App?
Todd WalterJan 26, 2022 · 3 years ago3 answers
I'm interested in receiving bitcoin on Cash App, but I'm wondering if there are any fees associated with it. Can someone please clarify if there are any fees to receive bitcoin on Cash App?
3 answers
- Jan 26, 2022 · 3 years agoYes, there are fees to receive bitcoin on Cash App. When you receive bitcoin, Cash App charges a fee of 1.75% for each transaction. This fee is deducted from the total amount of bitcoin you receive. Keep in mind that the fee may vary depending on market conditions and other factors.
- Jan 26, 2022 · 3 years agoAbsolutely! Cash App does charge a fee for receiving bitcoin. The fee is 1.75% of the transaction amount and is automatically deducted from the received bitcoin. It's important to note that the fee is subject to change and may vary based on market conditions.
- Jan 26, 2022 · 3 years agoYes, there are fees to receive bitcoin on Cash App. When you receive bitcoin, Cash App charges a fee of 1.75% for each transaction. However, it's worth mentioning that there are no additional fees for sending or selling bitcoin on Cash App. So, if you plan to hold onto your bitcoin or use it for purchases within the app, the fee for receiving it is the only fee you'll encounter.
Related Tags
Hot Questions
- 91
What are the best digital currencies to invest in right now?
- 78
How can I buy Bitcoin with a credit card?
- 73
Are there any special tax rules for crypto investors?
- 63
What are the advantages of using cryptocurrency for online transactions?
- 60
How does cryptocurrency affect my tax return?
- 24
What are the tax implications of using cryptocurrency?
- 19
How can I protect my digital assets from hackers?
- 14
What is the future of blockchain technology?