Cash App is a popular mobile payment application that allows users to send and receive money instantly using their mobile phones. The app has recently added the option to buy and sell Bitcoin, making it easy for users to invest in the cryptocurrency market. In this article, we will explain how to get Bitcoin in Cash App.
Step 1: Download the Cash App
The first step to getting Bitcoin in Cash App is to download the application. The app is available for free on both iOS and Android devices. Once you have downloaded the app, you will need to create an account by providing your phone number or email address.
Step 2: Add funds to your Cash App account
Before you can buy Bitcoin, you need to add funds to your Cash App account. To do this, click on the “Add Cash” button on the home screen of the app. You can add funds using a debit card, credit card, or bank account. Once you have added funds to your account, you are ready to buy Bitcoin.
Step 3: Buy Bitcoin
To buy Bitcoin in Cash App, click on the “Investing” tab on the home screen of the app, and then select “Bitcoin.” You can choose to buy as little as $1 worth of Bitcoin or as much as $10,000 worth of Bitcoin. Cash App charges a small fee for each Bitcoin transaction.
Step 4: Transfer Bitcoin to an external wallet
If you want to transfer your Bitcoin to an external wallet, you can do so by clicking on the “Withdraw Bitcoin” button on the Bitcoin page of the app. You will need to enter the wallet address of the external wallet you want to transfer your Bitcoin to, and then confirm the transaction.
Step 5: Sell Bitcoin
If you want to sell your Bitcoin in Cash App, you can do so by clicking on the “Sell” button on the Bitcoin page of the app. You can sell as little as $1 worth of Bitcoin or as much as your entire Bitcoin balance. Cash App charges a small fee for each Bitcoin transaction.
Conclusion
In conclusion, getting Bitcoin in Cash App is easy and straightforward. You need to download the app, add funds to your account, and then buy Bitcoin. You can transfer your Bitcoin to an external wallet or sell it in Cash App. Remember to always do your research and invest wisely when it comes to cryptocurrency.