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What is the spending limit for using Cash App to buy cryptocurrencies?

avatarChethan Reddy G NDec 28, 2021 · 3 years ago3 answers

I want to know what is the spending limit when using Cash App to purchase cryptocurrencies. Can you provide more information on this?

What is the spending limit for using Cash App to buy cryptocurrencies?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    The spending limit for using Cash App to buy cryptocurrencies depends on several factors. Generally, new users have a lower spending limit compared to verified and established users. The exact limit can vary, but it is typically around $1,000 per week. However, Cash App allows users to increase their spending limit by verifying their identity and linking a bank account. By completing the verification process, users can potentially increase their spending limit up to $7,500 per week. It's important to note that these limits are subject to change and may vary based on individual circumstances.
  • avatarDec 28, 2021 · 3 years ago
    When it comes to buying cryptocurrencies using Cash App, there is a spending limit in place. The exact limit can vary depending on various factors, such as your account verification status and transaction history. Generally, new users have a lower spending limit compared to verified users. To increase your spending limit, you can complete the verification process by providing your personal information and linking a bank account. By doing so, you may be able to increase your spending limit up to $7,500 per week. Keep in mind that these limits are subject to change and may vary based on individual circumstances.
  • avatarDec 28, 2021 · 3 years ago
    The spending limit for using Cash App to buy cryptocurrencies can vary depending on different factors. As a user of BYDFi, a digital currency exchange, I can provide some insights. Cash App generally has a spending limit of $1,000 per week for new users. However, this limit can be increased by verifying your identity and linking a bank account. Once you complete the verification process, you may be able to increase your spending limit up to $7,500 per week. It's important to note that these limits are subject to change and may vary based on individual circumstances. If you have any specific questions about Cash App's spending limit, feel free to ask!