Bitcoin has become a popular cryptocurrency and has gained a lot of attention in the past few years. With the rise of Bitcoin, many online platforms and apps have been developed to make it easier for people to buy, sell, and trade Bitcoin. Cash App is one such app that allows users to buy and sell Bitcoin through their app. In this article, we will discuss how to withdraw Bitcoin on Cash App.
Cash App is a mobile payment app that allows users to send and receive money, pay bills, and buy and sell Bitcoin. Cash App was developed by Square Inc. in 2013 and has gained a lot of popularity in recent years. Cash App has made it easy for people to enter the world of cryptocurrency and invest in Bitcoin.
If you have Bitcoin on Cash App and want to withdraw it, here are the steps you need to follow:
Step 1: Open the Cash App
The first step is to open the Cash App on your mobile device.
Step 2: Go to the Bitcoin Tab
After opening the app, tap on the Bitcoin tab, which is located at the bottom of the screen.
Step 3: Select Withdraw Bitcoin
Once you are on the Bitcoin tab, select the Withdraw Bitcoin option.
Step 4: Enter the Amount
Enter the amount of Bitcoin that you want to withdraw. You can either enter the amount in Bitcoin or in your local currency.
Step 5: Enter the Recipient Address
Next, you will need to enter the recipient address. This is the address of the wallet where you want to send the Bitcoin. Make sure that you enter the correct address, as Bitcoin transactions are irreversible.
Step 6: Confirm the Transaction
After entering the recipient address, you will need to confirm the transaction. Review the details of the transaction and make sure that everything is correct. Once you are satisfied, tap on the Confirm button to initiate the transaction.
Step 7: Wait for the Transaction to Complete
Once you have confirmed the transaction, you will need to wait for it to complete. The transaction may take a few minutes or a few hours, depending on the network congestion.
Step 8: Check the Status of the Transaction
After the transaction is complete, you can check the status of the transaction by going to the Bitcoin tab and selecting the Transaction History option. Here, you will be able to see the details of the transaction, including the amount of Bitcoin that was sent and the recipient address.
In conclusion, withdrawing Bitcoin on Cash App is a simple process. Follow the steps mentioned above to withdraw your Bitcoin from Cash App. Make sure that you enter the correct recipient address and review the details of the transaction before confirming it. Withdrawing Bitcoin from Cash App is just one of the many ways to enter the world of cryptocurrency and invest in Bitcoin.