Can I get reimbursed for ATM fees with cash app using cryptocurrency?
Junior VasconcellosDec 29, 2021 · 3 years ago3 answers
Is it possible to get reimbursed for ATM fees when using the Cash App with cryptocurrency? I'm curious if I can avoid the fees associated with withdrawing cash from an ATM by using my cryptocurrency balance on the Cash App. Can anyone provide some insights on this?
3 answers
- Dec 29, 2021 · 3 years agoUnfortunately, the Cash App does not currently offer a feature to reimburse ATM fees when using cryptocurrency. While the Cash App allows you to buy, sell, and send cryptocurrencies, it does not provide any specific benefits or reimbursements for ATM transactions. It's important to note that ATM fees are typically charged by the ATM operator and not the Cash App itself. Therefore, you may still be subject to these fees when using the Cash App to withdraw cash from an ATM.
- Dec 29, 2021 · 3 years agoNo, the Cash App does not have a feature to reimburse ATM fees with cryptocurrency. When you use your Cash App balance to withdraw cash from an ATM, you may still be charged the regular ATM fees by the ATM operator. It's always a good idea to check with your bank or the ATM operator to understand the fees associated with cash withdrawals.
- Dec 29, 2021 · 3 years agoAs of now, the Cash App does not provide any reimbursement for ATM fees when using cryptocurrency. However, there might be other cryptocurrency exchanges or wallets that offer such a feature. It's worth exploring different options to find a platform that suits your needs. For example, BYDFi, a popular cryptocurrency exchange, offers a cashback program that includes reimbursement for ATM fees when using their platform. You may consider checking out BYDFi or similar exchanges to see if they provide the desired feature.
Related Tags
Hot Questions
- 95
Are there any special tax rules for crypto investors?
- 79
What are the advantages of using cryptocurrency for online transactions?
- 78
How can I minimize my tax liability when dealing with cryptocurrencies?
- 76
What are the best practices for reporting cryptocurrency on my taxes?
- 72
How does cryptocurrency affect my tax return?
- 45
What are the best digital currencies to invest in right now?
- 44
How can I protect my digital assets from hackers?
- 40
What is the future of blockchain technology?