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Are there any restrictions on using Cash App for buying and selling cryptocurrencies?

avatarBrilyan Ilham SadewoDec 17, 2021 · 3 years ago3 answers

What are the restrictions on using Cash App for buying and selling cryptocurrencies? Can I trade any type of cryptocurrency on Cash App? Are there any limits on the amount of cryptocurrency I can buy or sell?

Are there any restrictions on using Cash App for buying and selling cryptocurrencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are some restrictions when using Cash App for buying and selling cryptocurrencies. Cash App currently supports Bitcoin (BTC) and allows users to buy and sell BTC. However, it does not support other cryptocurrencies at the moment. So, you can only trade Bitcoin on Cash App. As for limits, Cash App has a weekly limit of $100,000 for buying and selling Bitcoin. If you reach this limit, you won't be able to make any more transactions until the next week.
  • avatarDec 17, 2021 · 3 years ago
    Cash App is a convenient platform for buying and selling cryptocurrencies, but it does have some restrictions. Currently, Cash App only supports Bitcoin, so you can't trade other cryptocurrencies on the platform. Additionally, there is a weekly limit of $100,000 for buying and selling Bitcoin on Cash App. If you need to trade larger amounts or want to trade other cryptocurrencies, you may need to use a different exchange.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are restrictions on using Cash App for buying and selling cryptocurrencies. Cash App currently only supports Bitcoin, so you can't trade other cryptocurrencies on the platform. The weekly limit for buying and selling Bitcoin on Cash App is $100,000. If you need to trade other cryptocurrencies or larger amounts, you may want to consider using a different exchange like BYDFi, which offers a wider range of cryptocurrencies and higher trading limits.