What are the fees associated with cashing out on cashapp using digital currencies?

3 answers

• Internet TechFeb 16, 2024 · 2 years ago
  Sure! When cashing out on Cash App using digital currencies, there are a few fees to keep in mind. First, there is a standard fee of 1.5% for instant transfers, which allows you to receive your funds immediately. If you choose to transfer your funds to your bank account, there is no fee for standard transfers, but it may take 1-3 business days for the funds to be available. However, if you need the funds instantly, you can opt for an instant transfer to your bank account, which incurs a fee of 1.5%. Additionally, please note that there may be additional fees charged by your bank for receiving the funds. It's always a good idea to check with your bank for any potential fees they may charge.
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• Jamison OlsenApr 10, 2023 · 3 years ago
  Hey there! Cashing out on Cash App using digital currencies comes with a few fees. For instant transfers, there is a 1.5% fee. This allows you to receive your funds immediately. If you choose to transfer your funds to your bank account, there is no fee for standard transfers, but it may take 1-3 business days for the funds to be available. However, if you need the funds instantly, you can opt for an instant transfer to your bank account, which incurs a fee of 1.5%. Just keep in mind that your bank may charge additional fees for receiving the funds. It's always a good idea to check with your bank to see if they have any fees in place.
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• PRIYANKA UAug 30, 2022 · 3 years ago
  When it comes to cashing out on Cash App using digital currencies, there are a few fees to consider. For instant transfers, there is a 1.5% fee. This allows you to receive your funds immediately. If you choose to transfer your funds to your bank account, there is no fee for standard transfers, but it may take 1-3 business days for the funds to be available. However, if you need the funds instantly, you can opt for an instant transfer to your bank account, which incurs a fee of 1.5%. Keep in mind that your bank may charge additional fees for receiving the funds. It's always a good idea to check with your bank for any potential fees they may have in place.
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