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  1. #1
    hockeyguy's Avatar
    hockeyguy is offline Associate Member
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    Cash app for bitcoins

    Is anyone using "Cash App" for bitcoin? what has your experience been like?

  2. #2
    Bio-Active's Avatar
    Bio-Active is online now AR-Hall of Famer
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    I havenít 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

  3. #3
    hockeyguy's Avatar
    hockeyguy is offline Associate Member
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    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

  4. #4
    Brett N is offline Senior 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.

  5. #5
    Bio-Active's Avatar
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    Quote Originally Posted by Brett N View Post
    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.
    Log into Gdax with your coinbase credentials. Fees are way cheaper

  6. #6
    Brett N is offline Senior 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.

  7. #7
    Brett N is offline Senior Member
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    I googled it and it says it is now Coinbase pro. Is that correct?

  8. #8
    Bio-Active's Avatar
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    Cash app for bitcoins

    Coinbase is Gdax yes but there different sites. Itís like a back door to coinbase
    Last edited by Bio-Active; 09-30-2018 at 12:51 PM.

  9. #9
    JohnnyBreeze is online now New Member
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    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.

  10. #10
    dpstore is offline New Member
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    If anyone is need of cryptocurrency you can all use localbitcoins

  11. #11
    Couchlockd's Avatar
    Couchlockd is offline Senior Member
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    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.

  12. #12
    Oliver47 is offline New Member
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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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