How to invest in Bitcoin on Cash App with buying and selling guide

Square Cash App is possibly an easiest platform for newcomers to enter the Crypto market in United States. Cash App allows users to buy or sell Bitcoin with ease. Investing in Bitcoin or cryptocurrencies seems to be complicated. But, peer-to-peer payment application Cash App, PayPal, Robinhood, etc., has made it simple. The charges of transaction on different app may differ. Bitcoin has reached $1 trillion in market cap and people are constantly searching possibilities in crypto assets. Here you will learn how to invest in Bitcoin on Cash App with buying and selling guide.

Can you buy Bitcoin on Cash App?

Before starting, it is good to collect complete information about the Cash App Bitcoin Investing. With Cash App you are free to invest your money on Bitcoin or Stocks. Probably, it is one of the best platform especially for people who are aspiring Bitcoin investors. To invest in Bitcoin virtual currency on Cash App, one should fulfill following norms:

The investor should be a resident of the United States.
User must be an Individual not an organization.
Must be at least 18 year or above.
Use the Cash App service within the United States.

To invest in Bitcoin on Cash App, you need to verify your cash app account. Cash App has authority to enquire about any transaction that happened on its platform. You may be asked to furnish personal information like full name, mailing address, date of birth, email ID, phone number, taxpayer identification number, SSN Number and bank account information.

Buying Bitcoin on Cash App In Simple Steps

Buying bitcoin on Cash App is simple and easy. If you want to invest in Bitcoin, follow the instruction below:

1. Download Cash App on your phone from Google Play Store or App Store.

2. Go for sign up process and enter your mobile number or email ID.

3. Add bank account or debit card with your Cash app account.

4. Verify your account by provide full name, date of birth and last four digits of SSN. Cash App may ask more information to verify your identity.

5. Add funds to your Cash App account with bank account or debit card transfer. Tap on Add Cash button and select an amount. Enter the PIN or Touch ID to confirm the transaction.

6. Now, at the Cash App home screen, find Bitcoin symbol in lower right corner and tap the same.

7. Bitcoin investing page will display, tap on 'Buy" button available in the center of screen.

8. Select the Bitcoin value that you want to purchase. You can also select an custom amount to purchase Bitcoin.

9. Follow step by step on screen prompts. You may need to enter Cash App Pin or Touch ID to confirm the Bitcoin transaction.

10. once the transaction is complete, you can see your Bitcoin balance in the BItcoin tab along chart showing market trends.

How to sell Bitcoin on Cash App?

Similar to buying with Cash App, users can also sell Bitcoin quickly. You need to go through certain steps to complete the entire process. Follow the instructions below and sell your bitcoin whenever you want:

Go to Bitcoin tab on your Cash App and tap on 'Sell' button.
Cash App will prompt you to select an amount in USD that you wish to sell.
You can also set a custom value. You have to enter the Pin or Touch ID to confirm the sale.
Once your tap on Sell button, your Bitcoin is sent and the remaining balance will reflect on the screen.
There are option where you can set a value on that you want to sell you Bitcoin.
If you find an issue while selling Bitcoin, you can seek help from the Cash App support.

Final Remarks

Cash App bitcoin investing allow users to buy or sell bitcoin instantly in few simple steps. You need to follow the instruction as explained above. You must follow the prescribed terms and conditions for successful Bitcoin trading.

Buying Bitcoin on Cash App may help you understand the behavior of Crypto world. All your personal and financial information are secured with Cash App.