common-close-0
BYDFi
Trade wherever you are!

What are the restrictions on sending Bitcoin through the Cash App?

avatarLamis BhombalDec 17, 2021 · 3 years ago1 answers

Can you explain the limitations and restrictions when it comes to sending Bitcoin through the Cash App?

What are the restrictions on sending Bitcoin through the Cash App?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    When it comes to sending Bitcoin through the Cash App, there are a few restrictions you should be aware of. First, you can only send Bitcoin to other Cash App users. This means that you won't be able to send Bitcoin to an external wallet or to another exchange. Second, there are limits on how much Bitcoin you can send. These limits vary depending on your account verification level, and you can increase them by providing additional information. Lastly, the Cash App may impose additional restrictions or limitations based on your transaction history or suspicious activity. So, before sending Bitcoin through the Cash App, make sure to understand these restrictions and comply with them to avoid any issues.