Cash App is a popular peer-to-peer payment platform that allows users to send and receive money online. The app has gained a lot of popularity recently due to its user-friendly interface and the ability to buy and sell Bitcoin. In this article, we will discuss how to convert Cash App to Bitcoin.
Step 1: Download the Cash App
The first step is to download the Cash App on your mobile device. The app is available for both Android and iOS devices. Once you have downloaded the app, create an account by providing your phone number or email address.
Step 2: Link your bank account or debit card
To buy Bitcoin on Cash App, you need to link your bank account or debit card. To link your bank account, go to the “Banking” tab and select “Add a Bank Account.” You will then be prompted to provide your bank account details, including your account number and routing number.
If you prefer to link your debit card, go to the “Banking” tab and select “Add a Debit Card.” You will be prompted to provide your card number, expiration date, and CVV code.
Step 3: Buy Bitcoin on Cash App
Once you have linked your bank account or debit card, you can now buy Bitcoin on Cash App. To do this, go to the “Investing” tab and select “Bitcoin.” You can then select the amount of Bitcoin you want to buy, and the transaction will be processed instantly.
Step 4: Transfer Bitcoin to a Bitcoin wallet
If you prefer to store your Bitcoin in a Bitcoin wallet, you can transfer your Bitcoin from Cash App to a Bitcoin wallet. To do this, go to the “Withdraw Bitcoin” tab and select the amount of Bitcoin you want to transfer. You will then be prompted to provide the Bitcoin wallet address and confirm the transaction.
Step 5: Sell Bitcoin on Cash App
If you want to sell your Bitcoin on Cash App, go to the “Investing” tab and select “Bitcoin.” You can then select the amount of Bitcoin you want to sell, and the transaction will be processed instantly. The funds will be transferred to your Cash App balance, which you can then transfer to your bank account or debit card.
In conclusion, converting Cash App to Bitcoin is a simple process that can be completed in a few easy steps. By following the steps outlined in this article, you can buy, sell, and transfer Bitcoin on Cash App with ease.