What are the fees associated with cashapp request when using it for cryptocurrency transactions?
Drew HackettDec 17, 2021 · 3 years ago1 answers
Can you please provide a detailed explanation of the fees associated with using Cash App for cryptocurrency transactions?
1 answers
- Dec 17, 2021 · 3 years agoWhen using Cash App for cryptocurrency transactions, it's important to be aware of the associated fees. Cash App charges a fee for buying or selling Bitcoin, which is based on the market price of Bitcoin and includes a small margin. Additionally, if you decide to transfer your Bitcoin to another wallet or exchange, there may be network fees involved. These fees can vary depending on the current state of the Bitcoin network and the size of your transaction. Cash App also offers instant transfers and the ability to convert Bitcoin to other cryptocurrencies, but these services may come with additional fees. To stay informed about the fees, it's recommended to regularly check the Cash App fee schedule and terms of service.
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