The Cash App is a popular online payment application that allows users to send and receive money instantly. The app also supports bitcoin, the world’s most popular cryptocurrency, allowing users to buy, sell, send, and receive bitcoins. In this article, we will explain how to enable bitcoin on Cash App in 2021.
Step 1: Download and Install the Cash App
If you haven’t already downloaded the Cash App, you can do so by visiting the App Store or Google Play Store and searching for “Cash App.” Once you have downloaded and installed the app, you can create an account by following the prompts.
Step 2: Verify Your Account
To enable bitcoin on Cash App, you will need to verify your account. To do this, you will need to provide some personal information, including your name, address, date of birth, and social security number.
Step 3: Link Your Bank Account or Debit Card
To buy and sell bitcoin on Cash App, you will need to link your bank account or debit card. To do this, navigate to the “Banking” tab in the app and select “Add a Bank Account” or “Add a Debit Card.” Follow the prompts to link your account.
Step 4: Enable Bitcoin on Your Cash App
Once you have linked your bank account or debit card, you can enable bitcoin on your Cash App. To do this, navigate to the “Investing” tab in the app and select “Bitcoin.” Follow the prompts to enable bitcoin on your Cash App.
Step 5: Buy or Sell Bitcoin
Now that you have enabled bitcoin on your Cash App, you can buy or sell bitcoin using the app. To buy bitcoin, navigate to the “Investing” tab and select “Bitcoin.” From there, you can enter the amount of bitcoin you want to buy and confirm the transaction. To sell bitcoin, navigate to the “Investing” tab and select “Bitcoin.” From there, you can enter the amount of bitcoin you want to sell and confirm the transaction.
Conclusion:
Enabling bitcoin on Cash App is a simple process that can be completed in just a few steps. By following the steps outlined above, you can buy, sell, send, and receive bitcoin using the Cash App. With the increasing popularity of cryptocurrencies, it is important to have a reliable and secure platform for buying and selling them. Cash App provides such a platform, allowing you to easily manage your bitcoin investments from your mobile device.