Are there any hidden fees when using CashApp to transfer cryptocurrencies?

3 answers

• Thibaud LucasDec 14, 2020 · 5 years ago
  Yes, there may be hidden fees when using CashApp to transfer cryptocurrencies. While CashApp itself does not charge any fees for cryptocurrency transfers, there may be fees imposed by the blockchain network or other third-party services involved in the transaction. These fees can vary depending on the network congestion and the type of cryptocurrency being transferred. It's important to check the current fee structure and network conditions before making a transfer to avoid any surprises.
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• KavinKDec 25, 2020 · 5 years ago
  No, there are no hidden fees when using CashApp to transfer cryptocurrencies. CashApp provides transparent fee information before initiating any transaction, including the fees for buying, selling, and transferring cryptocurrencies. However, it's worth noting that there may be network fees imposed by the blockchain network itself, which are not controlled by CashApp. These fees are necessary for processing the transactions on the blockchain and can vary depending on the network congestion and the cryptocurrency being transferred.
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• Kidd LaugesenJul 12, 2024 · a year ago
  When using CashApp to transfer cryptocurrencies, it's important to be aware of the potential hidden fees. While CashApp itself does not charge any fees for cryptocurrency transfers, there may be fees imposed by the blockchain network or other third-party services involved in the transaction. These fees are not controlled by CashApp and can vary depending on the network congestion and the type of cryptocurrency being transferred. It's recommended to check the fee structure and network conditions before initiating any transfer to avoid any unexpected costs.
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