You Ll Also Be Prompted To Create A Username Each Individual And Business Using Cash App Has A Username That You Use To Send Or Request Funds Alternatively You Can Search By Name Email Address Or Phone Number The Cashappfriday Scam Is Another Fraudulent Tactic That Has Emerged Exploiting The Popularity Of Legitimate Giveaways By Cash App On Social Media Platforms Like Instagram And X Scammers Use The Cashappfriday Giveaways To Deceive Users They Monitor These Posts And Respond To Users Who Engage With The Legitimate Cash App Giveaway Creating An Illusion Of Authenticity They Then Message These Users Falsely Claiming They Ve Won A Prize And Request Personal Financial Information Investment Scams Particularly Those Involving Cryptocurrency Have Become Increasingly Prevalent On Platforms Like Instagram The Rise Of Cryptocurrencies Has Made It Easier For Scammers To Execute Sophisticated Schemes Like The Cash App Bitcoin Scam These Often Target Users With Promises Of High Returns On Investments Exploiting The Allure Of Quick And Substantial Financial Gains Another Savings Feature Within Cash App Is Called Round Ups For Savings This Feature Lets Users With An Activated Cash App Card Round Up Card Transactions To The Nearest Dollar And Automatically Transfer The Spare Change To A Cash App Savings Balance You Can Turn This Feature On Or Off Whenever You Want By Navigating To Your Savings Balance Within The App For Individuals Who Frequently Use Their Cash App Card For Purchases This Can Be A Great Way To Boost Savings Toward Chosen Goals Without Much Work Though It S Difficult If You Can Prove Cash App Fraud Took Place It S Possible Your Bank Can Help Recover The Funds However Banks Typically Don T Cover Cash App Or Other Money Apps In Their Policies So They May Not Be Able To Help