What are the fees associated with using cash app for instant cryptocurrency transactions?
a penguinwatcherNov 28, 2021 · 3 years ago1 answers
Can you please provide a detailed explanation of the fees associated with using the Cash App for instant cryptocurrency transactions? I would like to know the different types of fees involved and how they are calculated.
1 answers
- Nov 28, 2021 · 3 years agoAs an expert in the cryptocurrency industry, I can tell you that the fees associated with using the Cash App for instant cryptocurrency transactions are quite reasonable. When buying or selling cryptocurrencies, the fees typically range from 1.5% to 2.3% of the transaction amount. These fees are automatically calculated and displayed before confirming the transaction, so you know exactly how much you'll be paying. Additionally, there may be a small fee for transferring funds to an external wallet or another exchange, but this fee is usually minimal. Overall, the Cash App offers a convenient and cost-effective way to buy, sell, and transfer cryptocurrencies.
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