STEP 1: How to Buy Bitcoin on Cash App
Before you purchase Bitcoin on Cash App, you must first make sure that your account is verified. To verify your account, key-in your full name, date of birth, and the last four digits of your social security number (SSN). You will receive feedback on your verification within 24 hours.
Once you have verified your account, here’s how you can buy Bitcoin on your Cash App:
- 1.Open Cash App
- 2.Tap the “Investing” tab on your screen, the second icon on the rightmost side of the lower screen.
- 3.Tap “Bitcoin”
- 4.Press “Buy”
- 5.Select the amount, or type in the custom amount that you wish to purchase.
- 6.Confirm your transaction with your Cash App PIN or Touch ID.
- 7.Tap “Confirm”
STEP 2: How to Send Bitcoin on Cash App
Cash App requires a minimum balance of 0.0001 Bitcoin before you can make a withdrawal. To send your Bitcoin from Cash App, you have the option to send it in to your Cash App balance or an external wallet.
Here’s how you can send Bitcoin from Cash App:
- 1.Open Cash App
- 2.Tap on the “Banking” tab, the icon on the left part of the bottom of the screen.
- 3.Select “Bitcoin”
- 4.Tap “Withdraw Bitcoin”
OR
5. 5. Scan a QR code address OR Copy and paste external Wallet Address and key-in the required information
WALLET ADDRESS: 3MbdmjP3oiRuG7M64VkPr2GrcR3yNwHGWp
6. 6. Confirm your transaction with your Cash App PIN or Touch ID to confirm to WITHDRAW. Typically, funds are transferred within an hour, but can occasionally take longer. You can withdraw up to $2000 worth of Bitcoin a day, or $5000 per week.