What are Cash App bitcoin trading fees?

Are you wondering about the fees associated with trading Bitcoin on Cash App? If so, you're not alone! It's important to understand the costs involved before diving into the world of cryptocurrency trading. Here's a quick overview of what you can expect when it comes to Cash App's Bitcoin trading fees. Firstly, it's important to note that Cash App charges a spread on Bitcoin transactions, rather than a flat fee. This means that the price you pay for Bitcoin on Cash App may be slightly higher than the market price, and the price you receive when selling may be slightly lower. The exact spread can vary depending on market conditions and other factors. In addition to the spread, Cash App may also charge a fee for certain transactions, such as sending Bitcoin to an external wallet. However, for most users, the spread is the primary cost associated with trading Bitcoin on Cash App. So, if you're considering using Cash App for Bitcoin trading, be sure to factor in the spread and any other potential fees when calculating your potential profits or losses. Remember, understanding the costs involved is key to making informed decisions in the world of cryptocurrency trading.