Step 1: Install the Cash App
If you don't already have Cash App installed on your mobile device, download it from the app store.
Step 2: Sign Up and Verify Your Identity
Follow the on-screen instructions to provide basic information, create an account (Business or Personal), and verify your identity. This step is crucial for security and regulatory compliance.
Step 3: Add a Payment Method
Before you can buy Bitcoin, add your bank account or debit card as a payment method to your Cash App account. Note that some features, like instant deposits, may require a linked debit card.
Step 4: Navigate to the Bitcoin Section
Open the Cash App home screen, look for the one that represents Bitcoin (usually a "B" with a Bitcoin symbol), and tap on it.
Step 5: Purchase Bitcoin
Add the amount of Bitcoin to purchase. Choose to buy in dollars, and the Cash App will calculate the equivalent Bitcoin amount.
Review the transaction details, including the current exchange rate and associated fees.
Confirm the transaction, and if you have a linked debit card, you can enable the option for an instant purchase.
Cash App will ask for your PIN or biometric authentication (such as fingerprint or face recognition) to complete the purchase.
Step 6: Securely Store Your Bitcoin
After your purchase, you can see your Bitcoin in your Cash App Bitcoin wallet. Cash App offers an optional withdrawal feature that allows you to transfer your Bitcoin to an external wallet for added security.
Now you know <a href="
https://cashapphone.com/blog/how-to-invest-in-bitcoin-with-cash-app">how to buy Bitcoin on Cash App</a>, let's see how you can sell it on the same app.
