How does cash app handle recurring deposits in cryptocurrency?
John TakerSep 07, 2023 · 2 years ago3 answers
Can you explain how cash app manages recurring deposits in cryptocurrency? I'm interested in knowing the process and any fees associated with it.
3 answers
- claudiometSep 09, 2021 · 4 years agoCash app allows users to set up recurring deposits in cryptocurrency. This feature is convenient for those who want to regularly invest in digital assets without manually initiating transactions each time. To set up a recurring deposit, users need to link their bank account or debit card to their cash app account. They can then choose the frequency and amount of the deposit. Cash app will automatically deduct the specified amount from the linked bank account or debit card and convert it into the chosen cryptocurrency. There are no fees for setting up recurring deposits in cryptocurrency on cash app.
- Joe Nangosya TjDec 15, 2020 · 5 years agoSetting up recurring deposits in cryptocurrency on cash app is a breeze. Once you link your bank account or debit card, you can easily schedule regular deposits at your preferred frequency. Whether it's daily, weekly, or monthly, cash app will automatically deduct the specified amount from your linked account and convert it into cryptocurrency. The best part? There are no fees for recurring deposits in cryptocurrency on cash app. It's a hassle-free way to grow your digital asset portfolio.
- barbara vazJul 12, 2023 · 2 years agoCash app handles recurring deposits in cryptocurrency seamlessly. Users can set up automatic deposits at their desired frequency, whether it's daily, weekly, or monthly. The app will deduct the specified amount from the linked bank account or debit card and convert it into cryptocurrency. This feature is especially useful for those who want to regularly invest in digital assets without the hassle of manual transactions. Cash app does not charge any fees for recurring deposits in cryptocurrency. It's a user-friendly and cost-effective way to accumulate digital assets over time.
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