What are the common reasons for pending cash app transactions when buying digital currencies?

3 answers

• Dareen ElsayedOct 24, 2023 · 2 years ago
  One common reason for pending cash app transactions when buying digital currencies is network congestion. During times of high demand, such as during market volatility or when there are a lot of users making transactions, the cash app network can become congested, leading to delays in transaction confirmations. It's important to be patient and wait for the transaction to be processed.
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• jnancelOct 30, 2020 · 5 years ago
  Another reason for pending cash app transactions is insufficient funds in the buyer's account. If the buyer does not have enough funds to cover the purchase, the transaction may remain pending until the necessary funds are available. It's important to ensure that there are sufficient funds in the account before making a purchase.
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• Joshua RoseAug 29, 2020 · 5 years ago
  At BYDFi, we have observed that pending cash app transactions can also occur due to security checks. The cash app may flag certain transactions for additional verification to ensure the safety and security of the users. These security checks can sometimes cause delays in transaction confirmations. If your transaction is pending, it's advisable to contact the cash app support for further assistance.
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