I’ve recently started using Cash App for managing my finances, and I’ve heard it supports direct deposits and Bitcoin transactions. Can anyone explain how these features work? Specifically, how do direct deposits get processed, and what’s the process for buying and selling Bitcoin on Cash App? Are there any fees or important things I should know about?
I’ve never had any issues. For the past three years, I’ve been getting the remainder of my checks direct deposited into my Cash App account. I do have a set amount that goes into my Navy Federal account, but I love having a chunk of my money available to me by Wednesday night. I’m not sure if it’s that early for everyone or if my boss’s accountant is just very prompt in submitting our checks. Using direct deposit through Cash App also gives you the perks of no fees for ATM withdrawals and access to the borrow function.