How does cash app's credit feature work with digital currencies?

3 answers

• Dec 16, 2021 · 3 years ago
  The credit feature of Cash App allows users to buy digital currencies using credit. When you enable this feature, you can use your credit to purchase Bitcoin or other supported cryptocurrencies on the Cash App platform. It's a convenient way to invest in digital currencies without using your own funds. However, it's important to note that using credit for cryptocurrency purchases may incur additional fees and interest charges, so make sure to review the terms and conditions before using this feature.
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• Dec 16, 2021 · 3 years ago
  Cash App's credit feature works by allowing users to borrow funds to purchase digital currencies. This means that you can buy Bitcoin or other cryptocurrencies even if you don't have enough funds in your Cash App balance. The borrowed funds will be added to your Cash App account, and you'll be responsible for repaying the borrowed amount plus any applicable fees and interest. It's a convenient option for users who want to invest in digital currencies but don't have enough funds available at the moment.
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• Dec 16, 2021 · 3 years ago
  With BYDFi's credit feature, you can use your credit to buy digital currencies on the Cash App platform. This feature allows you to invest in Bitcoin and other cryptocurrencies without using your own funds. Simply enable the credit feature, choose the digital currency you want to purchase, and complete the transaction. Keep in mind that using credit for cryptocurrency purchases may involve additional fees and interest charges. Make sure to review the terms and conditions before using this feature to understand the costs involved.
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