Cash App is a versatile app that not only allows you to send and receive money but also to buy and sell Bitcoin. In this article, we’ll walk you through the steps to use Cash App to buy and sell Bitcoin.
Buy And Sell Bitcoin With Cash App
In the following simple steps, we will teach you how to use Cash App to buy and sell Bitcoin like a Pro. No further training is needed, you will start trading Bitcoin in the next minute as long as you have Cash App.
1: Set Up Cash App Account
To use Cash App to buy and sell Bitcoin, you will need to set up a Cash App account. If you already have a Cash App account, skip to Step 2. If not, download the app and follow the prompts to set up your account.
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2: Add Funds to Your Cash App Account
Before you can buy Bitcoin, you’ll need to add funds to your Cash App account. To do so, tap on the “Banking” tab and select “Add Cash.” Follow the prompts to link your bank account and add funds to your Cash App account.
3: Buy Bitcoin
Once you have funds in your Cash App account, you can buy Bitcoin. To do so, tap on the “Investing” tab and select “Bitcoin.” Then, select the amount of Bitcoin you want to buy and confirm the purchase.
4: Sell Bitcoin
If you want to sell your Bitcoin, tap on the “Investing” tab and select “Bitcoin.” Then, select the amount of Bitcoin you want to sell and confirm the sale. The funds will be deposited into your Cash App account.
5: Monitor Bitcoin Prices
To make informed buying and selling decisions, it’s important to monitor Bitcoin prices. Cash App provides real-time Bitcoin price charts and alerts to help you stay up-to-date on market fluctuations.
6: Withdraw Bitcoin to External Wallet
If you prefer to store your Bitcoin in an external wallet, you can withdraw it from your Cash App account. To do so, tap on the “Investing” tab and select “Bitcoin.” Then, select “Withdraw Bitcoin” and follow the prompts to transfer your Bitcoin to your external wallet.
Cash App is a convenient app to buy and sell Bitcoin. By following these simple steps, you can set up your account, add funds, buy and sell Bitcoin, monitor prices, and even withdraw Bitcoin to an external wallet.