How to Buy Bitcoin on Cash App: What Are the Key Steps?

It’s not a surprise that bitcoins and stocks are now available for Cash App users who would like to minimize the influence of market fluctuations. With Cash App for iOS and Android, users can transfer money to friends in real-time.

Moreover, Square’s Cash App allows users to make automatic Bitcoin purchases at regular intervals. The Cash App already has a BTC wallet, as well as an Auto Invest feature for buying shares. This function in turn allows you to buy bitcoins on a regular basis. How to buy bitcoin on Cash App? Let’s try to find out!

Please make sure you’ve opened the Cash app for better understanding. Let’s get started!

How Long Does It Take to Buy Bitcoin on Cash App?

With the help of the app, you can purchase and also send bitcoins wherever you want to send them. Whether it’s to another person or with a trading broker or any other kind of crypto exchange. Here is a small guide on how to buy bitcoin on the Cash App.

  • Open the Cash app;
  • Click on the button on the lower-left side (the button with your current balance);
  • Click on the Add Cash (select the amount you want to send, e.g. $100);
  • Click on the Bitcoin button;
  • Click on the Buy Bitcoin (select the BTC amount, e.g. $100) and click Next;
  • Confirm your Bitcoin payment;
  • And you’re done!

How long does it take to buy bitcoin on Cash App? It’s necessary to note that with the help of this app, payments can be sent or received within seconds. The only thing you have to do is to handle the app.

How to Buy and Send Bitcoin on Cash App: Key Steps

How to buy and send bitcoin on Cash App? Once we’ve found out how to buy BTC with the help of the app, let’s go further.

Now you have $100 worth a bitcoin and at this point, you may want to send funds to a broker or whatever the case may be. Here are the key steps to send your bitcoins.

  • Go back to the button on the lower-left side;
  • Click on the Bitcoin button;
  • Click on the Withdraw Bitcoin button;
  • Select the amount of bitcoins you want to send;
  • Click on the Withdraw button;
  • Now you can scan the QR code for the destination BTC wallet address or enter it manually;
  • Enter the BTC wallet address you want to send your bitcoins to;
  • Select ‘Next’ and confirm the transaction.
  • And you’re done!

Very simple! On the receiving end, they should be able to receive your bitcoins within a matter of a moment. You should save the destination Bitcoin wallet address on paper in case there is a problem on the receiving end of this transaction.

How to buy bitcoin from Cash App on YouTube? If you have any problems with sending your bitcoins, you can find a lot of video guides available on YouTube. You can find a lid for every pot there.

How to Buy and Sell Bitcoin on Cash App: Sell Your Bitcoins Easily

How to buy and sell bitcoin on Cash App? Now it’s time to find out how to sell bitcoins with the help of the app. The first thing to know is the dollar amount on the top of the app. Just tap on the balance and go to the Bitcoin section of the app. Here are the key steps to follow.

  • Click on the Sell button;
  • Select the amount of bitcoins you want to sell and tap ‘Sell’;
  • Confirm your sale of BTC by clicking on the Confirm button;
  • Go back to the Cash section and check your balance;
  • And you’re done!

How you can see this process doesn’t take long as well. Nice and easy! How to buy bitcoin on Cash App? Feel free to share your own tips in the comments. Have a great weekend!

Disclaimer

This information is provided for informational purposes only. Such information is not intended as and may not be relied upon as trading advice. Before deciding to trade cryptocurrencies, you should carefully consider your objectives, level of experience, and risk appetite. Please do your own research and due diligence on the services provided by online cryptocurrency trading platforms.

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