Are there any restrictions or limitations mentioned in the statements from Cash App regarding cryptocurrency transactions?

3 answers

• Dec 25, 2021 · 3 years ago
  Yes, Cash App does have some restrictions and limitations mentioned in their statements regarding cryptocurrency transactions. One of the main restrictions is that Cash App only allows users to buy, sell, and hold Bitcoin. Other cryptocurrencies are not currently supported on the platform. Additionally, there are limits on the amount of Bitcoin that can be bought or sold within a certain time period. These limits vary depending on the user's account verification level. It's important to note that these restrictions and limitations may change over time as Cash App updates its policies and regulations.
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• Dec 25, 2021 · 3 years ago
  Absolutely! Cash App has certain restrictions and limitations when it comes to cryptocurrency transactions. For instance, you can only transact with Bitcoin on the platform. Other cryptocurrencies like Ethereum or Litecoin are not supported. Moreover, there are limits on the amount of Bitcoin you can buy or sell within a given timeframe. These limits are based on your account verification level. It's crucial to stay updated with Cash App's statements and policies to ensure compliance with their rules.
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• Dec 25, 2021 · 3 years ago
  Yes, there are restrictions and limitations mentioned in the statements from Cash App regarding cryptocurrency transactions. Cash App currently only supports Bitcoin transactions. Users are not able to buy, sell, or hold any other cryptocurrencies on the platform. Additionally, there are limits on the amount of Bitcoin that can be transacted within a specific time period. These limits are determined by the user's account verification level. It's important to review Cash App's statements and guidelines to understand the specific restrictions and limitations in place.
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