New Cash App feature!

[MisterSuperGod]

i just noticed that Cash App now has a new way for those with incompatible banks/debit cards to fund their account.

Click on the 1st icon (home) on the bottom left, scroll down and you'll see Paper Money. It appears that it's much like buying a pre-paid phone card. Go to a participating store, pay in cash and get a receipt with a barcode. Scan it and your account is funded.

From there you use that cash in the account to buy BTC. Keep in mind that you still need to be verified through Cash App to purchase BTC. This new option only removes the bank/debit card from the buying equation.

 

[DannZ]

From there you use that cash in the account to buy BTC. Keep in mind that you still need to be verified through Cash App to purchase BTC.

Then who gaf lol? Time to retire btc tbh

 

[MisterSuperGod]

Then who gaf lol? Time to retire btc tbh

Who? Everyone that has been verified, but still can't buy BTC because they don't have a checking account or a bank account. i didn't have either for the longest time. This would have been extremely helpful a few years ago.

As technology goes, it will eventually become obsolete, but i don't think that will happen anytime soon.

 

[DannZ]

Ok what you say makes sense. My qualm is that generally btc is way too traceable just on the blockchain alone to be using willy nilly (like it already is). I'd be wary of getting btc that requires verification

 

[MindlessWork]

Ok what you say makes sense. My qualm is that generally btc is way too traceable just on the blockchain alone to be using willy nilly (like it already is). I'd be wary of getting btc that requires verification

There's hardly any exchange that will let you buy bitcoin with NO ID really. ALL exchanges that deal with US citizens anywhere in the world are required by the IRS to perform AML and KYC verifications.

Some countries in the EU also have some sort of verification requirement as well.

 

[DannZ]

There's hardly any exchange that will let you buy bitcoin with NO ID really. ALL exchanges that deal with US citizens anywhere in the world are required by the IRS to perform AML and KYC verifications.

Some atms require just sms, so...you know

 

[MindlessWork]

Some atms require just sms, so...you know

Yes that's correct. They require that as part of the verification measures. You get a code and then you enter it at ATM to verify it's you.

In USA it's hard to activate a cellphone without any sort of verification.

 

[DannZ]

Yes that's correct. They require that as part of the verification measures. You get a code and then you enter it at ATM to verify it's you.

but the code doesn't have to have your name on it

 

[MindlessWork]

but the code doesn't have to have your name on it

True but the phone you use just may have your name attached to the number.

 

[malfeasance]

i just noticed that Cash App now has a new way for those with incompatible banks/debit cards to fund their account.

Click on the 1st icon (home) on the bottom left, scroll down and you'll see Paper Money. It appears that it's much like buying a pre-paid phone card. Go to a participating store, pay in cash and get a receipt with a barcode. Scan it and your account is funded.

From there you use that cash in the account to buy BTC. Keep in mind that you still need to be verified through Cash App to purchase BTC. This new option only removes the bank/debit card from the buying equation.

Anybody try this yet?

 

[MisterSuperGod]

Anybody try this yet?

No one has mentioned it if they have. It's relatively new as far as i know.

 

[MindlessWork]

No one has mentioned it if they have. It's relatively new as far as i know.

I noticed this new feature and plan to give it a try soon.

 

[MindlessWork]

I once tried to link a small credit union's debit card with Cash App and it was declined but one from a major bank was accepted.

 

[pahick]

i just noticed that Cash App now has a new way for those with incompatible banks/debit cards to fund their account.

Click on the 1st icon (home) on the bottom left, scroll down and you'll see Paper Money. It appears that it's much like buying a pre-paid phone card. Go to a participating store, pay in cash and get a receipt with a barcode. Scan it and your account is funded.

From there you use that cash in the account to buy BTC. Keep in mind that you still need to be verified through Cash App to purchase BTC. This new option only removes the bank/debit card from the buying equation.

Im going to try this today. So far CA sucks ass as far as im concerned. This whole btc thing sucks! CA verified me, linked bank acct but try to add funds it fucking errors every time. What a bunch of shit!

 

[pahick]

@MisterSuperGod it worked. I owe ya bud! .....my ass is pure...jus sayin

 

[RoidTeam]

i just noticed that Cash App now has a new way for those with incompatible banks/debit cards to fund their account.

Click on the 1st icon (home) on the bottom left, scroll down and you'll see Paper Money. It appears that it's much like buying a pre-paid phone card. Go to a participating store, pay in cash and get a receipt with a barcode. Scan it and your account is funded.

From there you use that cash in the account to buy BTC. Keep in mind that you still need to be verified through Cash App to purchase BTC. This new option only removes the bank/debit card from the buying equation.

Are you able to pay for voucher in store using credit/debit card or they accept only cash?

 

[MisterSuperGod]

Are you able to pay for voucher in store using credit/debit card or they accept only cash?

Unfortunately i can't say as i've never tried it. My account is linked directly to my debit card.

 

[chibi]

I put money on cash app at the 7/11, bought btc, then tried to go shopping today. Cash app refused to send the btc without submitting photos of my drivers license and selfies to prove my identity. I do not recommend this app.

 

[chibi]

Are you able to pay for voucher in store using credit/debit card or they accept only cash?

If you have a credit/debit card, you can add money directly on the app. Going to a 7/11 or rite aid is a way to use paper money to charge the app.

 

[MisterSuperGod]

I put money on cash app at the 7/11, bought btc, then tried to go shopping today. Cash app refused to send the btc without submitting photos of my drivers license and selfies to prove my identity. I do not recommend this app.

Exchanges are forced by law to collect that info, sadly. Greedy Government pigs want to make sure they can tax any gains you make with crypto.