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What are the fees involved in sending Bitcoin with Cash App?

avatarEjlersen FryeDec 16, 2021 · 3 years ago3 answers

Can you please provide a detailed explanation of the fees associated with sending Bitcoin using Cash App?

What are the fees involved in sending Bitcoin with Cash App?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    When it comes to sending Bitcoin with Cash App, there are a few fees to keep in mind. First, there is a fee for buying Bitcoin within the app. This fee is typically around 1.5% to 2.3% of the transaction amount. Additionally, there may be a fee for transferring Bitcoin from your Cash App wallet to an external wallet. This fee can vary depending on network congestion and other factors, but it is usually a small percentage of the transaction amount. Finally, if you choose to sell your Bitcoin and convert it back to fiat currency within the app, there may be a fee for that transaction as well. It's important to review the fee schedule within the Cash App for the most up-to-date information.
  • avatarDec 16, 2021 · 3 years ago
    Sending Bitcoin with Cash App is a convenient way to transfer funds, but it's important to be aware of the fees involved. The fees for buying Bitcoin within the app can range from 1.5% to 2.3% of the transaction amount. When transferring Bitcoin from your Cash App wallet to an external wallet, there may be a small fee based on network congestion and other factors. It's always a good idea to review the fee schedule within the app to understand the exact fees associated with your transactions.
  • avatarDec 16, 2021 · 3 years ago
    When it comes to sending Bitcoin with Cash App, the fees involved can vary depending on the specific transaction. Cash App charges a fee for buying Bitcoin within the app, typically ranging from 1.5% to 2.3% of the transaction amount. When transferring Bitcoin from your Cash App wallet to an external wallet, there may be a small fee based on network congestion and other factors. It's important to note that these fees are subject to change, so it's always a good idea to check the fee schedule within the app for the most up-to-date information. If you have any further questions about fees or any other aspect of using Cash App for Bitcoin transactions, feel free to reach out to their customer support for assistance.