Are there any fees associated with cash deposits on Cash App for purchasing cryptocurrencies?

3 answers

• Davies MikkelsenJun 13, 2022 · 3 years ago
  Yes, there are fees associated with cash deposits on Cash App for purchasing cryptocurrencies. When you deposit cash into your Cash App account to buy cryptocurrencies, Cash App charges a fee of 1.5% for each transaction. This fee is deducted from the total amount of cash you deposit. For example, if you deposit $100, you will receive $98.50 worth of cryptocurrencies.
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• Nahuel PrietoMay 25, 2022 · 3 years ago
  Absolutely! Cash App does charge fees for cash deposits used to buy cryptocurrencies. The fee is 1.5% of the total amount you deposit. So, if you deposit $100, you'll be charged $1.50 as a fee. Keep in mind that this fee is deducted from your deposit, so you'll receive $98.50 worth of cryptocurrencies.
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• H LeeNov 19, 2023 · 2 years ago
  Yes, there are fees associated with cash deposits on Cash App for purchasing cryptocurrencies. However, the fees are relatively low compared to other platforms. Cash App charges a 1.5% fee for each cash deposit used to buy cryptocurrencies. For example, if you deposit $100, you'll be charged $1.50 as a fee, and you'll receive $98.50 worth of cryptocurrencies. It's important to consider these fees when making your purchasing decisions.
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