common-close-0
BYDFi
Trade wherever you are!

Are there any limitations or fees when using Bitcoin on the Cash App?

avatarShakeel NordienDec 28, 2021 · 3 years ago3 answers

What are the limitations and fees associated with using Bitcoin on the Cash App?

Are there any limitations or fees when using Bitcoin on the Cash App?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    When using Bitcoin on the Cash App, there are a few limitations and fees to be aware of. First, there is a limit on how much Bitcoin you can buy or sell within a 24-hour period. This limit can vary depending on your account verification level. Additionally, the Cash App charges a fee for Bitcoin transactions. The fee is based on the current market price and is displayed before you confirm the transaction. It's important to note that Bitcoin transactions on the Cash App are subject to market volatility, so the price you see at the time of purchase may differ slightly from the actual price at the time of confirmation.
  • avatarDec 28, 2021 · 3 years ago
    Using Bitcoin on the Cash App comes with some limitations and fees. The app sets a daily limit on the amount of Bitcoin you can buy or sell, which can vary based on your account verification status. Additionally, the Cash App charges a fee for Bitcoin transactions, which is calculated based on the current market price. It's always a good idea to check the fee before confirming the transaction to ensure you're comfortable with the cost. Keep in mind that Bitcoin prices can fluctuate, so the price you see when you initiate the transaction may not be the same as the final price at confirmation.
  • avatarDec 28, 2021 · 3 years ago
    When it comes to using Bitcoin on the Cash App, there are a few things to keep in mind. First, there are limits on how much Bitcoin you can buy or sell within a 24-hour period. These limits can vary depending on your account verification level. Additionally, the Cash App charges a fee for Bitcoin transactions. The fee is based on the current market price and is displayed before you confirm the transaction. It's important to note that Bitcoin prices can be volatile, so the price you see when you start the transaction may not be the same as the final price at confirmation. Overall, it's important to be aware of these limitations and fees before using Bitcoin on the Cash App.