Are there any fees associated with using cash app or turbotax for cryptocurrency transactions?

3 answers

• Jonathan FriedrichJun 05, 2025 · a year ago
  Yes, there are fees associated with using cash app or turbotax for cryptocurrency transactions. Cash app charges a fee of 1.5% for buying or selling Bitcoin, while turbotax charges a fee of 0.5% for cryptocurrency transactions. These fees may vary depending on the specific transaction and the amount involved. It's important to check the latest fee structure on their respective websites before making any transactions.
  420

  210
• SteveParkFeb 22, 2023 · 3 years ago
  Absolutely! Both cash app and turbotax charge fees for cryptocurrency transactions. Cash app charges a fee of 1.5% for buying or selling Bitcoin, and turbotax charges a fee of 0.5% for cryptocurrency transactions. These fees are deducted from the transaction amount and may vary based on the specific transaction and the amount involved. It's always a good idea to review the fee structure on their websites to get the most accurate and up-to-date information.
  460

  154
• Sangeeth Thanga DharsanNov 12, 2023 · 3 years ago
  Yes, there are fees associated with using cash app or turbotax for cryptocurrency transactions. Cash app charges a fee of 1.5% for buying or selling Bitcoin, while turbotax charges a fee of 0.5% for cryptocurrency transactions. These fees are relatively low compared to some other platforms, but it's still important to consider them when making transactions. Keep in mind that fees may vary depending on the specific transaction and the amount involved, so it's a good idea to check the latest fee structure on their websites.
  527

  132