Are there any fees involved when receiving money on CashApp for cryptocurrency transactions?
Stavros SamarasJan 28, 2024 · 2 years ago3 answers
I would like to know if there are any fees associated with receiving money on CashApp for cryptocurrency transactions. Can you provide more information on this?
3 answers
- Diksha RAJPUTOct 28, 2021 · 4 years agoYes, there are fees involved when receiving money on CashApp for cryptocurrency transactions. CashApp charges a fee of 1.5% for each transaction. This fee is deducted from the total amount received. So, if you receive $100 worth of cryptocurrency, you will actually receive $98.50 after deducting the fee. It's important to keep this fee in mind when using CashApp for cryptocurrency transactions.
- SYED SHEERYARJul 16, 2021 · 4 years agoAbsolutely! When it comes to receiving money on CashApp for cryptocurrency transactions, there are fees involved. CashApp charges a fee of 1.5% for each transaction. This fee is automatically deducted from the amount you receive. So, if you receive $100 worth of cryptocurrency, you'll end up with $98.50. It's always a good idea to factor in these fees when using CashApp for cryptocurrency transactions.
- BoonherBAug 12, 2021 · 4 years agoYes, there are fees involved when receiving money on CashApp for cryptocurrency transactions. CashApp charges a fee of 1.5% for each transaction. However, if you're using BYDFi, a popular cryptocurrency exchange, you can receive money without any fees. BYDFi offers fee-free transactions for cryptocurrency transfers on CashApp. So, if you want to avoid fees, consider using BYDFi for your cryptocurrency transactions on CashApp.
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