Cash App is not a bitcoin exchange, but that doesn’t mean it isn’t a great way to buy and sell bitcoin. The app, which is a subsidiary of Square, Inc.
, allows users to buy and sell bitcoin with ease. While Cash App doesn’t offer the same features as a traditional exchange, it is still a great way to get your hands on some BTC.
The first thing you need to do is download Cash App from the App Store or the Google Play Store. Once you have the app installed, open it up and sign in with your Cash account or create one if you don’t already have one.
Once you’re logged in, tap on the “Investing” tab and then select “BTC” from the list of options. You will be taken to the bitcoin buying screen where you can enter the amount of BTC you want to buy or sell.
NOTE: WARNING: Cash App is not a licensed Bitcoin exchange. It is not a regulated exchange and should therefore not be used as a primary source for exchanging or trading Bitcoins. Cash App allows you to buy and sell Bitcoin, but it does not provide the same level of security or protection that a licensed Bitcoin exchange would. Therefore, users should exercise extreme caution when using Cash App for exchanging or trading cryptocurrency.
If you want to buy BTC, simply enter the amount of USD you want to spend and then hit the “Buy” button. Your BTC will be instantly purchased and deposited into your Cash App balance.
For selling BTC, enter the amount of BTC you want to sell and hit the “Sell” button. Your BTC will be sold for USD and deposited into your Cash App balance.
One thing to keep in mind is that Cash App charges a fee for buying and selling bitcoin. The fee is 1.
75% for buying and selling bitcoin outside of regular market hours, and 0.50% for buying and selling during regular market hours.
Overall, Cash App is a great way to buy and sell bitcoin. It’s easy to use and offers a variety of features that make it a great option for those looking to get into the cryptocurrency market.
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