Thread: Cash app for bitcoins
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09-28-2018, 02:33 PM #1
Cash app for bitcoins
Is anyone using "Cash App" for bitcoin? what has your experience been like?
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09-29-2018, 05:39 PM #2
I haven’t I have heard good things. Have you tried getting a coinbase account. Once you have one you can use Gdax and there are hardly any fees through Gdax
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09-30-2018, 09:27 AM #3
I downloaded the coinbase app but it doesn't accept my debit card.
Cash app won't scan my ID.
I'm thinking about connecting my checking account to coinbase
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09-30-2018, 12:04 PM #4Senior Member
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Been using Coinbase for a while. Not too long ago a lot of US banks quit allowing atm/check card/ credit card purchases of crypto. Just banks trying to create hurdles.
I have had my checking linked for quite a while. Only problem is the waiting period. If you buy today I believe it takes a week for monies to become available. Good news is that you did lock in at the price you made the purchase. Bad news is if it rises a shit ton over night you aren’t able to sell it. Not until that week clears.
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09-30-2018, 12:15 PM #5
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09-30-2018, 12:28 PM #6Senior Member
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Ill check it out. I only have used coinbase a handful of times and I play around on bitstamp just because of XRP. I have done decent (at least profitable) on trading it. I like that it seems to move much more quickly than bitcoin. Volatility has hurt at times but has also helped. As long as good outweighs bad I am happy.
Not too much at risk, only have a few grand on there.
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09-30-2018, 12:32 PM #7Senior Member
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I googled it and it says it is now Coinbase pro. Is that correct?
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09-30-2018, 12:44 PM #8
Cash app for bitcoins
Coinbase is Gdax yes but there different sites. It’s like a back door to coinbase
Last edited by Bio-Active; 09-30-2018 at 12:51 PM.
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07-07-2019, 07:37 AM #9
I know this is an old post, but it looks like bitcoin has been skyrocketing again. I just used some of mine that I bought back when it was $300 a piece by accident. I bought a new amount to pay for some things and then automatically paid for them. An hour later I got a notice that the transaction was cancelled because the card I used was out of date. Therefore, as prices go up, I won't get as much with the new amount I bought vs the amount I spent. It was only a couple hundred dollars, but it still really gets to me. This was using coinbase. I will definitely have to try out Gdax.
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07-07-2019, 02:39 PM #10Associate Member
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- May 2019
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If anyone is need of cryptocurrency you can all use localbitcoins
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07-08-2019, 10:41 AM #11
Cash app will not scan I'd from Android.
I had same issue, had to download app on buddies iPhone and log in with my credentials and use iPhone to scan.
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07-15-2019, 06:59 AM #12Junior Member
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- May 2018
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CashApp is a great way to slowly accumulate Bitcoin. You can put any amount you want to save.
I’ve been doing weekly buys, put in $2000 so far and it’s already worth $2800. Way better than leaving the money in my bank account.
And generally, I consider Bitcoin only as a long term investment, these crypto news help me keep myself informed https://cryptolinks.com/cryptocurrency-news
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