Bitcoin is a popular cryptocurrency that many people use for online transactions. Cash App is a mobile payment service that allows you to send and receive money. If you have Bitcoin in your Cash App account, you may want to know how to get rid of it. In this article, we will explain the steps you need to take to get rid of Bitcoin on Cash App.
Step 1: Open Cash App and Go to the Bitcoin Tab
The first step is to open the Cash App on your mobile device. Once you are logged in, go to the Bitcoin tab. This is where you can see your Bitcoin balance and your Bitcoin transactions.
Step 2: Click on the Sell Button
Once you are on the Bitcoin tab, you will see a Sell button. Click on that button to sell your Bitcoin. You will then see a screen that shows you the current price of Bitcoin and how much you can sell.
Step 3: Enter the Amount You Want to Sell
Enter the amount of Bitcoin you want to sell. You can either enter the amount in Bitcoin or in your local currency. Cash App will automatically convert the Bitcoin into your local currency.
Step 4: Confirm the Sale
Once you have entered the amount you want to sell, click on the Sell button. Cash App will then ask you to confirm the sale. If you are happy with the amount, click on the Confirm button.
Step 5: Wait for the Sale to Complete
Once you have confirmed the sale, Cash App will sell your Bitcoin. The time it takes for the sale to complete depends on the current market conditions. You will be notified once the sale is complete.
Step 6: Transfer the Money to Your Bank Account
Once the sale is complete, you will see the money in your Cash App account. To transfer the money to your bank account, go to the Cash Out tab. Enter the amount you want to transfer and select your bank account. Once you have confirmed the transfer, the money will be transferred to your bank account.
Conclusion
Getting rid of Bitcoin on Cash App is a simple process. All you need to do is go to the Bitcoin tab, click on the Sell button, enter the amount you want to sell, confirm the sale, and transfer the money to your bank account. If you have any problems with the process, you can contact Cash App customer support for assistance.