Could you elaborate on the potential fees associated with buying and selling Bitcoin through the Cash App? Specifically, are there transaction fees imposed by the Cash App itself, or are there additional costs such as network fees or exchange rates that could impact the final cost of my Bitcoin purchases and sales? Understanding these potential costs is crucial for making informed decisions when utilizing the Cash App for
cryptocurrency transactions.
7 answers
Giulia
Sun Jul 14 2024
When users visit the Cash App website, they are informed that a "small fee" may be incurred during bitcoin transactions.
KimonoElegance
Sun Jul 14 2024
Regarding fees, Cash App imposes charges on both the purchase and sale of Bitcoin.
Tommaso
Sun Jul 14 2024
These fees, however, lack transparency, leaving users uncertain about their actual cost.
Ilaria
Sun Jul 14 2024
In particular, there is no publicly accessible fee schedule published by Cash App.
Giulia
Sat Jul 13 2024
If a fee is indeed applicable, the website states that it will be displayed on the trade confirmation before the transaction is finalized.