What are the fees associated with withdrawing funds from CashApp using digital currencies?

3 answers

• Mendoza HooverSep 01, 2022 · 3 years ago
  When withdrawing funds from CashApp using digital currencies, there are a few fees to keep in mind. First, CashApp charges a standard fee of 1.5% for instant transfers. This means that if you choose to withdraw your funds instantly, you will be charged 1.5% of the total amount. However, if you are willing to wait a bit longer, you can opt for the standard transfer option, which is free of charge. Additionally, it's important to note that there may be network fees associated with the specific digital currency you are using. These fees are determined by the blockchain network and can vary depending on the current network congestion and transaction size. It's always a good idea to check the current network fees before making a withdrawal to avoid any surprises. Overall, while there are some fees involved, CashApp provides a convenient and user-friendly way to withdraw funds using digital currencies.
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• salanApr 08, 2021 · 4 years ago
  Withdrawing funds from CashApp using digital currencies comes with a few fees. The main fee to consider is the 1.5% fee for instant transfers. This fee is charged by CashApp and is deducted from the total amount you are withdrawing. If you don't mind waiting a bit longer for your funds, you can choose the standard transfer option, which is free of charge. However, keep in mind that the standard transfer may take longer to process. Additionally, it's important to be aware of any network fees associated with the specific digital currency you are using. These fees are determined by the blockchain network and can vary depending on the current network congestion and transaction size. It's always a good idea to check the current network fees before making a withdrawal. Overall, while there are some fees involved, CashApp offers a convenient way to withdraw funds using digital currencies.
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• Nhan MaiJul 08, 2024 · a year ago
  When it comes to withdrawing funds from CashApp using digital currencies, there are a few fees to consider. CashApp charges a standard fee of 1.5% for instant transfers, which means that if you choose to withdraw your funds instantly, you will be charged 1.5% of the total amount. However, if you are willing to wait a bit longer, you can opt for the standard transfer option, which is free of charge. It's important to note that in addition to CashApp fees, there may be network fees associated with the specific digital currency you are using. These fees are determined by the blockchain network and can vary depending on the current network congestion and transaction size. To avoid any surprises, it's always a good idea to check the current network fees before making a withdrawal. Overall, CashApp provides a user-friendly platform for withdrawing funds using digital currencies, but it's important to be aware of the associated fees.
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