Are there any fees or restrictions when using a credit card to buy cryptocurrencies on Cash App?

1 answers

• Dec 29, 2021 · 3 years ago
  Using a credit card to buy cryptocurrencies on Cash App may come with certain fees and restrictions. Cash App may charge a fee for credit card transactions, which can vary depending on the specific credit card and transaction amount. It's important to review the fee schedule on Cash App or contact their customer support for more details. Additionally, some credit card issuers may classify cryptocurrency purchases as cash advances, resulting in higher interest rates and additional fees. It's advisable to check with your credit card issuer to understand their policies regarding cryptocurrency purchases. Lastly, there may be limitations on the cryptocurrencies available for purchase with a credit card on Cash App. It's recommended to check the list of supported cryptocurrencies on Cash App before proceeding with a credit card transaction.
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