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Are there any fees associated with using ACH payments on Cash App for buying or selling cryptocurrencies?

Marco AndruccioliNov 06, 2021 · 4 years ago5 answers

Can you explain if there are any fees involved when using ACH payments on Cash App for buying or selling cryptocurrencies? I'm curious to know if there are any additional costs associated with this payment method.

5 answers

  • Anjali OzaMay 07, 2021 · 4 years ago
    Yes, there are fees associated with using ACH payments on Cash App for buying or selling cryptocurrencies. When you use ACH to fund your Cash App account, there is a 1.5% fee applied to the transaction. This fee is deducted from the total amount you're depositing. For example, if you deposit $100 using ACH, you will only receive $98.50 in your Cash App account.
  • DBBatistaJun 23, 2023 · 2 years ago
    Unfortunately, yes. Cash App charges a 1.5% fee for using ACH payments to buy or sell cryptocurrencies. This fee is automatically deducted from the amount you're depositing or withdrawing. So, if you're depositing $100 using ACH, you'll only receive $98.50 in your Cash App account. It's important to keep this fee in mind when using ACH payments on Cash App.
  • Felipe Toledo NevesApr 27, 2022 · 3 years ago
    Yes, there are fees associated with using ACH payments on Cash App for buying or selling cryptocurrencies. When you deposit or withdraw funds using ACH, Cash App charges a 1.5% fee on the total amount. For example, if you deposit $100, you will be charged a $1.50 fee. This fee is deducted from the deposited amount, so you will receive $98.50 in your Cash App account. It's important to consider these fees when using ACH payments on Cash App.
  • pardha saradhiFeb 03, 2024 · a year ago
    When it comes to using ACH payments on Cash App for buying or selling cryptocurrencies, there are fees involved. Cash App charges a 1.5% fee on ACH transactions. This fee is deducted from the total amount you're depositing or withdrawing. For instance, if you deposit $100 using ACH, you'll only receive $98.50 in your Cash App account. Keep in mind these fees when using ACH payments on Cash App.
  • Sudheer SinghJan 11, 2023 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, charges a 1.5% fee for using ACH payments on Cash App to buy or sell cryptocurrencies. This fee is automatically deducted from the amount you're depositing or withdrawing. For example, if you deposit $100 using ACH, you'll only receive $98.50 in your Cash App account. It's important to be aware of these fees when using ACH payments on Cash App.

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