Cash App is an app-based payment system that enables users to send and receive money to friends and family. It also allows users to buy and sell Bitcoin. Bitcoin is a decentralized digital currency that has gained massive popularity over the years. It is much easier and faster to buy and sell Bitcoin with Cash App than with other traditional methods. However, before you start trading Bitcoin on Cash App, you need to verify your account. In this article, we will explain where to verify Bitcoin on Cash App.
The verification process on Cash App is straightforward and easy. It only takes a few minutes to complete. To verify your account, you need to provide some personal information, including your name, date of birth, and social security number. You also need to provide a government-issued ID such as a driver’s license or passport. Once you have provided this information, Cash App will verify your account within 24 hours.
To buy and sell Bitcoin on Cash App, you need to enable the Bitcoin feature. To do this, follow these simple steps:
Step 1: Open Cash App on your mobile device and click on the “Investing” tab.
Step 2: Click on “Bitcoin.”
Step 3: Click on “Enable Bitcoin.”
Step 4: Follow the prompts to verify your identity.
Step 5: Once your account is verified, you can now buy and sell Bitcoin on Cash App.
It is important to note that Cash App charges a fee for buying and selling Bitcoin. The fee varies depending on the market conditions and can range from 1.5% to 2%. Cash App also has a Bitcoin price calculator that shows you the current price of Bitcoin.
To verify your Bitcoin on Cash App, you need to follow these steps:
Step 1: Open Cash App on your mobile device.
Step 2: Click on the “Investing” tab.
Step 3: Click on “Bitcoin.”
Step 4: Click on “Verify Identity.”
Step 5: Follow the prompts to verify your identity.
Step 6: Once your identity is verified, you can now buy and sell Bitcoin on Cash App.
In conclusion, Cash App is a great platform for buying and selling Bitcoin. It is fast, easy, and convenient. However, before you start trading Bitcoin on Cash App, you need to verify your account. The verification process is straightforward and easy to follow. Once your account is verified, you can start trading Bitcoin on Cash App. Remember to check the Bitcoin price calculator to know the current price of Bitcoin before making any transactions.