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How does round ups on cash app work with digital currencies?

avatarSargent RiversDec 16, 2021 · 3 years ago3 answers

Can you explain how round ups on Cash App work with digital currencies? I'm interested in understanding the process and how it benefits users.

How does round ups on cash app work with digital currencies?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! When you enable round ups on Cash App, the app will automatically round up your everyday purchases to the nearest dollar and invest the spare change in digital currencies. For example, if you buy a coffee for $2.50, Cash App will round up the purchase to $3.00 and invest the additional $0.50 in digital currencies. This allows you to gradually accumulate digital assets without even noticing it. It's a convenient and easy way to start investing in digital currencies.
  • avatarDec 16, 2021 · 3 years ago
    Round ups on Cash App with digital currencies work by automatically investing the spare change from your everyday purchases. This feature helps you build your digital currency portfolio over time without having to make large investments. It's a great way to get started with digital currencies and take advantage of the potential for growth in the market.
  • avatarDec 16, 2021 · 3 years ago
    With BYDFi, a digital currency exchange, round ups on Cash App work seamlessly with digital currencies. When you enable round ups, BYDFi will automatically invest the rounded-up amount in a diversified portfolio of digital currencies. This allows you to benefit from the potential growth of the digital currency market while effortlessly saving and investing.