GREEN TRUST CASH APPP

How To Send Bitcoin From Cash App | Explore Green Trust Cash App

How to Buy Bitcoin Using Cash App

The crypto ecosystem has come a long way from the days of Mt. Gox and other early exchanges, which were largely unregulated and catered to a savvier-than-average tech crowd.

Thanks to companies like Square, we can use apps like the cash app to buy bitcoin simply and easily right from your mobile device and with very reasonable fees.

These crypto-focused platforms offer users great trading tools and access to hundreds of altcoins, along with services such as futures, options, and margin trading.

But what if you just want to buy yourself some bitcoin with the minimum amount of hassle?

One platform stands out from the pack in terms of ease of use. Cash App is owned by Square, a financial services company and payment provider co-created by Jack Dorsey, founder of Twitter, in 2009. Cash App is used by over 15 million people, and since January 2018 has allowed users to buy bitcoin within the app.

We’ll talk a little more about Jack Dorsey’s bitcoin connections later on, but for now let’s get started on how to buy bitcoin using Cash App.

How To Buy Bitcoin Using Cash App - A Step-By-Step Guide

1. Download Cash App

Cash App is available on the App Store or Google Play Store.

2. Sign up

Use a phone number or email address. Enter your name when prompted.

3. Link a payment method

You can add a bank account or debit card.

4. Get a Cashtag

Choose your unique cashtag, which is the name at which you’ll be able to receive funds. Get your referral code to earn a bonus whenever friends sign up, then continue. Congratulations, you now have Cash App!

5. Go to Home Screen

Next, you’ll be taken to the Cash App Request/Pay screen. Along the bottom, from left to right, are tabs for Home, Cash Card, Request/Pay, Investing, and History. To buy bitcoin, you’ll first need to verify your identity. To do so, tap on the Home tab (left).

Then select Tap on “Bitcoin”, just below Deposits & Transfers (right).

6. Get Verified

You’ll be prompted to verify your identity. You’ll need to enter your full name and Social Security Number.

Cash App is required to follow FINRA (Financial Industry Regulatory Authority) compliance rules and adhere to AML/KYC (Anti-Money Laundering and Know Your Customer) regulations. This process can take anywhere from a couple of minutes to a day. You will receive a notification when verification is complete.

7. Choose Investment Type

Once approved, tap on the Investing tab. You can buy stocks on Cash App, but you’re here to invest in the future of money, so tap on bitcoin.

8. Buy Bitcoin

You’ll see a chart of bitcoin’s recent performance. To get your piece of it, click Buy (left).

For this tutorial, we’ll buy five dollars’ worth of BTC, but Cash App’s weekly purchase limit is $100,000. You can also set up recurring purchases to DCA (dollar cost average) into bitcoin (circled in green, right). Then click next (circled in red, right).

9. Confirm Order

After you input your desired USD value of Bitcoin, click next (left).

You will see an overview of your order outlining the amount of BTC, the current spot price, fees to be paid, and the amount in satoshis you will receive. Tap confirm to buy your BTC (right).

10. View Wallet Balances

Once processed, select “done” (left).

You can view your bitcoin holdings in the Home tab. Here you can also see your wallet address, which you will need to transfer any bitcoin in from an external wallet. Click on Deposit Bitcoin (right).

11. Withdraw Bitcoin

Finally, we will withdraw our bitcoin to an external address which is recommended with all Bitcoin purchasing - you should hold the coins yourself.

Just enter the total amount of Bitcoin you have on deposit and select “Withdraw” (right). You can also deposit bitcoin to sell back to Cash app using the deposit screen (left), but that is for another article.

That’s it, you’ve successfully purchased your very own BTC! Cash App’s simple, intuitive interface makes buying and selling easy.

If you want to transfer your bitcoin to an external wallet, be sure to take a look at our guide to the best bitcoin and cryptocurrency wallets.

https://www.plurk.com/p/o5ljy5

https://www.pinterest.com/pin/674765956668108852/

https://www.plurk.com/p/o5vxxl

https://greentrustcashapp.quora.com/?invite_code=ZVmt8cR3o57zz93pcE7O

https://www.pinterest.com/pin/674765956668307235/

https://trello.com/b/sMh2BtsY/cash-app-atm

https://www.plurk.com/p/o62r1j

https://www.plurk.com/p/o62r33

https://greentrustcashapp.quora.com/Activate-Cash-App-Card-Now-5-Easy-Steps-Activation-Guide-Helpline-https-greentrustcashapplication-com-how-to-activat?ch=10&share=ffeb8acf

https://greentrustcashapp.quora.com/Cash-App-Not-Working-Green-Trust-Cash-Application-https-greentrustcashapplication-com-cash-app-not-working-If-you?ch=10&share=6fde721d