The Cash app comes from Square, the company that makes those mobile credit card readers. Since February , Robinhood supports Bitcoin and Ethereum trades and market data for another 15 currencies. Read more about CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. The site claims more than one million customers in countries.
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Last month it was Kodakand now Square the mobile payments company created by Twitter co-founder Jack Dorsey is jumping on the Bitcoin bandwagon. You can do that by adding money directly into your accountor just wait until someone sends you money with Cash and then use that to buy Bitcoin. Then swipe left and you should see the Bitcoin symbol. Start the same way by opening the app, selecting Cash Card, and swiping left to the Bitcoin page. You just sold some Bitcoin.
Get in on the latest craze of digital currency
Digital payments company Square is rolling out the ability to buy and sell bitcoin to more users of its popular Cash App. The company announced today that, following news last year that it was testing the feature with a limited number of users, the option is being expanded further. That said, users in the U. The app allows users to send payments to their friends and family, though notably, they may not be able to share funds to generic contacts on their phones. The company began trialing the bitcoin buy option last November, letting select users buy or sell bitcoin through their accounts.
Get the Latest from CoinDesk
Last month it was Kodakand now Square the mobile payments company created by Twitter co-founder Jack Yiu is jumping on the Bitcoin bitccoin. You nuy do that by adding money directly into your accountor just wait until someone sends you money with Cash and then use that to buy Bitcoin.
Then swipe left and you should see the Bitcoin symbol. Start the same way by opening the app, selecting Cash Card, and swiping left to the Bitcoin page.
You just sold some Bitcoin. Square Cash notes that its prices are based on the wider cryptocurrency market, which can change pretty rapidly over the course of a day or even a few hours.
Caj think carefully before you sell or buy. If you plan on holding onto your Bitcoin for a while you may want to keep it somewhere safer than your Square Cash account. Thankfully, the app makes it easy to send your digital currency to another wallet.
To start, open the app and hit the icon in the top left corner. Then scroll over to Funds and select Bitcoin. Finally, hit Confirm again to finish, though it could be a few hours before the transfer is processed. The A.
Jacob Kleinman. Filed to: Can you buy bitcoin using square. Share This Story. Get our newsletter Subscribe.
How To Buy Bitcoin On Cashapp 2020
Finally, hit Confirm again to finish, though it could be a few hours before the cann is processed. SBI Group. While there are some stories of people making a fortune on Bitcoin inmany people lost as it fell from its peak. Best for Low Cost: Robinhood. But if you do want to send your coins to another wallet, Square does offer that feature. The A. Best Overall: Coinbase.
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