As you know, cash app does free (no spread/no fee) conversion to bitcoin when direct deposited. I set up my bank to auto transfer every single day of the work week so this becomes like a daily DCA into cash app. At certain point I do the free transfer to cold storage and poof. Perfect fee free DCA of fiat daily to Bitcoin.
However, after about 7 or 8 transfers the process is broken. Seems like cash app just stops converting to bitcoin and just puts the direct deposit into cash. Iβve contacted their customer support which was like talking to a small child. No help there. Has anyone else tried this method and did you ever get it to continue indefinitely? Trying to automate everything and forget it but cash app is making this difficult. Iβd rather not switch back to strike and pay the spread since cash app is cheaper but for all the headache this has been so far it isnβt really worth it.
If I unlink the connection with cash app and relink with test deposits, it starts working again but inevitably it stops after 7 or 8 successful DCAs. Any advice from cash app users?
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