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What happens if I exceed the daily limit on cash app for cryptocurrency transactions?

avatarstephaniescornish34iDec 17, 2021 · 3 years ago5 answers

If I exceed the daily limit on cash app for cryptocurrency transactions, what are the consequences? Will my transaction be canceled or will it go through with a fee? Can I request to increase the limit?

What happens if I exceed the daily limit on cash app for cryptocurrency transactions?

5 answers

  • avatarDec 17, 2021 · 3 years ago
    If you exceed the daily limit on cash app for cryptocurrency transactions, your transaction may be canceled or it may go through with a fee. The specific consequences depend on the policies of the cash app and the cryptocurrency exchange involved. Some exchanges may automatically cancel transactions that exceed the daily limit, while others may allow the transaction to go through but charge a fee for the excess amount. It's important to check the terms and conditions of the cash app and the exchange to understand their specific policies regarding exceeding the daily limit.
  • avatarDec 17, 2021 · 3 years ago
    If you exceed the daily limit on cash app for cryptocurrency transactions, your transaction may still go through, but you may be charged a fee for the excess amount. The cash app and the cryptocurrency exchange may have different policies regarding exceeding the daily limit, so it's important to check their terms and conditions. Some exchanges may automatically cancel transactions that exceed the daily limit, while others may allow the transaction to go through with a fee. If you frequently exceed the daily limit, you may want to consider requesting an increase in the limit.
  • avatarDec 17, 2021 · 3 years ago
    If you exceed the daily limit on cash app for cryptocurrency transactions, the consequences will depend on the specific policies of the cash app and the cryptocurrency exchange. Some exchanges may automatically cancel transactions that exceed the daily limit, while others may allow the transaction to go through with a fee. It's important to check the terms and conditions of the cash app and the exchange to understand their policies regarding exceeding the daily limit. If you're using BYDFi, they may have their own policies in place, so it's worth checking with them as well.
  • avatarDec 17, 2021 · 3 years ago
    Exceeding the daily limit on cash app for cryptocurrency transactions can have different consequences depending on the cash app and the cryptocurrency exchange. Some exchanges may automatically cancel transactions that exceed the daily limit, while others may allow the transaction to go through with a fee. It's important to familiarize yourself with the terms and conditions of the cash app and the exchange to understand their specific policies. If you're looking to increase the limit, you may need to contact the cash app or the exchange directly to request an increase.
  • avatarDec 17, 2021 · 3 years ago
    If you exceed the daily limit on cash app for cryptocurrency transactions, your transaction may still go through, but you may be charged a fee for the excess amount. The cash app and the cryptocurrency exchange may have different policies regarding exceeding the daily limit, so it's important to check their terms and conditions. Some exchanges may automatically cancel transactions that exceed the daily limit, while others may allow the transaction to go through with a fee. If you frequently exceed the daily limit, you may want to consider requesting an increase in the limit.