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TagsHow can I use CashApp to receive payments in cryptocurrencies?
McDougall MendezDec 30, 2021 · 3 years ago1 answersI want to know how to use CashApp to receive payments in cryptocurrencies. Can you provide a step-by-step guide on how to set it up and start receiving payments? Also, what are the fees and limits associated with using CashApp for cryptocurrency transactions?
1 answers
- Using CashApp to receive payments in cryptocurrencies is quite straightforward. Here's a step-by-step guide: 1. Download and install the CashApp on your mobile device. 2. Sign up for an account and complete the verification process. 3. Link your bank account or debit card to your CashApp account. 4. Go to the 'Investing' tab and select the cryptocurrency you want to receive payments in. 5. Tap on the 'Receive' button to generate a unique QR code or wallet address. 6. Share the QR code or wallet address with the person who wants to send you cryptocurrency payments. 7. Once the payment is sent, it will be reflected in your CashApp balance. CashApp charges a fee for buying and selling cryptocurrencies, and the fee may vary. As for limits, CashApp has a weekly limit of $100,000 for Bitcoin purchases and a daily limit of $10,000 for Bitcoin withdrawals. I hope this helps! Let me know if you have any more questions.Dec 30, 2021 · 3 years ago
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