Are there any fees associated with receiving money on Cash App through cryptocurrency transactions?

3 answers

• Ahmad MustaphaJan 10, 2024 · 2 years ago
  Yes, there are fees associated with receiving money on Cash App through cryptocurrency transactions. When you receive money in cryptocurrency, Cash App charges a fee of 1.5% for each transaction. This fee is deducted from the total amount you receive. So, if you receive $100 worth of cryptocurrency, you will actually receive $98.50 after the fee is deducted. It's important to keep this fee in mind when using Cash App for cryptocurrency transactions.
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• Jake ReyesJun 30, 2021 · 4 years ago
  Absolutely! Cash App does charge a fee for receiving money through cryptocurrency transactions. The fee is 1.5% of the total transaction amount. For example, if you receive $100 worth of cryptocurrency, you will be charged a fee of $1.50. This fee will be deducted from the amount you receive. So, you will actually receive $98.50. It's always a good idea to be aware of the fees involved in any financial transaction.
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• Ashutosh MotlaDec 29, 2021 · 4 years ago
  Yes, there are fees associated with receiving money on Cash App through cryptocurrency transactions. Cash App charges a fee of 1.5% for each transaction. For example, if you receive $100 worth of cryptocurrency, you will be charged a fee of $1.50. This fee will be deducted from the total amount you receive. So, you will actually receive $98.50. Keep in mind that these fees may vary depending on the current market conditions and the specific cryptocurrency you are receiving.
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