Are there any fees for using the Cash App for instant transactions?
Can anyone tell me if there are any fees associated with using the Cash App for instant transactions? I'm considering using it for my cryptocurrency transactions, but I want to make sure I understand all the costs involved. Are there any hidden fees or charges that I should be aware of?
3 answers
- RupaOct 09, 2020 · 5 years agoYes, there are fees for using the Cash App for instant transactions. When you send or receive money using the Cash App, there is a fee of 1.5% for instant transfers. This fee is deducted from the total amount being sent or received. It's important to note that the fee may vary depending on the specific transaction and the amount being transferred. Make sure to check the Cash App's fee schedule for the most up-to-date information.
- Jose MirandaJun 23, 2022 · 4 years agoAbsolutely! The Cash App charges a fee for instant transactions. The fee is 1.5% of the total amount being sent or received. So, if you're sending $100, you'll be charged $1.50. It's a small price to pay for the convenience of instant transfers. Just make sure to factor in the fees when calculating your transaction costs.
- Schaefer GibbsJun 19, 2023 · 3 years agoYes, there are fees associated with using the Cash App for instant transactions. The fee is 1.5% of the total amount being sent or received. For example, if you're sending $200, you'll be charged a fee of $3.00. Keep in mind that this fee is subject to change, so it's always a good idea to check the Cash App's fee schedule before making any transactions. As an alternative, you may also consider using other cryptocurrency exchanges that offer lower fees for instant transactions.
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