What is with those fees
Two fold.
Pays for the miner fees when you transfer off exchange and also as revenue for Square(CashApp) for facilitating the exchange.
Why not use Coinbase Pro?
So I do, on larger amounts.
CashApp makes it so much more liquid. So I can go $2000 transfers in a single day, so if I need cash it’s so easy. CashApp limits cash transfers to $5000 a week. So if I need to do more, I do Coinbase Pro.
I also look at the fees. CashApp generally had higher fees, but they make it more liquid. For higher amount($10k+) it’s lower. So just depending on what I need I have an exchange of choice.