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How often does the weekly limit for Bitcoin purchases on Cash App reset?

avatarsm OpenDec 26, 2021 · 3 years ago3 answers

What is the frequency at which the weekly limit for Bitcoin purchases on Cash App resets? I am interested in knowing how often I can make Bitcoin purchases without exceeding the weekly limit on Cash App.

How often does the weekly limit for Bitcoin purchases on Cash App reset?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    The weekly limit for Bitcoin purchases on Cash App resets every seven days. This means that once you reach your weekly limit, you will need to wait for a full week before you can make additional Bitcoin purchases. It's important to keep track of your purchases and plan accordingly to stay within the limit.
  • avatarDec 26, 2021 · 3 years ago
    The weekly limit for Bitcoin purchases on Cash App resets on a rolling basis. This means that the limit is not reset at a specific time or day of the week, but rather it resets exactly seven days after your last purchase. So if you make a Bitcoin purchase on a Monday, your limit will reset on the following Monday.
  • avatarDec 26, 2021 · 3 years ago
    According to BYDFi, a popular digital currency exchange, the weekly limit for Bitcoin purchases on Cash App resets every seven days. This is a standard practice among many exchanges to prevent fraud and ensure the security of user accounts. It's important to note that the reset time may vary slightly depending on the time zone you are in.