Cash App is a mobile payment service that allows users to send and receive money from their mobile devices. In addition to its core features, Cash App also supports the buying and selling of Bitcoin. In this article, we will provide a step-by-step guide on how to sell Bitcoin on Cash App.
Step 1: Open the Cash App
The first step to selling Bitcoin on Cash App is to open the app on your mobile device. Once the app is open, you should see the home screen, which displays your balance and recent transactions.
Step 2: Navigate to the Bitcoin Tab
To sell Bitcoin on Cash App, you need to navigate to the Bitcoin tab. To do this, tap on the “Investing” icon located at the bottom of the screen. From there, select the “Bitcoin” option.
Step 3: Select the Sell Option
Once you are on the Bitcoin tab, you should see your Bitcoin balance displayed at the top of the screen. To sell your Bitcoin, tap on the “Sell” button located under your balance.
Step 4: Enter the Amount to Sell
After selecting the “Sell” option, you will be prompted to enter the amount of Bitcoin you want to sell. You can either enter a specific amount or sell your entire Bitcoin balance by selecting the “Sell All” option.
Step 5: Confirm the Sale
After entering the amount you want to sell, Cash App will display the current market price for Bitcoin and the estimated amount of cash you will receive for your sale. If you are satisfied with the amount, tap on the “Confirm” button to initiate the sale.
Step 6: Complete the Sale
Once you confirm the sale, Cash App will initiate the transaction and transfer the cash to your Cash App balance. The transaction may take a few minutes to complete, depending on network congestion and other factors.
Step 7: Withdraw Your Cash
After the transaction is complete, you can withdraw your cash from your Cash App balance to your bank account or use it to make purchases using the app.
In conclusion, selling Bitcoin on Cash App is a straightforward process that can be completed in just a few steps. By following the steps outlined in this article, you can easily sell your Bitcoin and convert it to cash. With the growing popularity of Bitcoin and other cryptocurrencies, Cash App provides a convenient and reliable platform for buying and selling digital assets.