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How to send Bitcoin on Cash App? Learn how to buy and sell Bitcoins quickly and easily
What is the best way to send Bitcoin using the Cash App? Here's everything you need to know about buying, sending, and withdrawing Bitcoins. Here's a simple guide to the procedures.
The Cash App currently has 7 million active users who use it to send money and pay bills on a monthly basis. Cash App recently updated its layout and added the ability to purchase stock without fees in its Investing section, allowing users to easily buy, withdraw, and send Bitcoin. However, a few users have difficulty understanding a few things, particularly how to send Bitcoin via Cash App or how to buy Bitcoin via Cash App. Here's a step-by-step guide for buying, withdrawing, and sending Bitcoin using the Cash App.
How to buy Bitcoin on Cash App?
Open the Cash app and go to the bottom menu and tap the "Rising curve" symbol or the "Investing" area. "Buying stocks" and "Bitcoin" will display as possibilities.
To view your Bitcoin holdings, tap on Bitcoin at the top of the screen.
Select the quantity of Bitcoin you want to buy by tapping the "Buy" button.
Tap the "Three dots" in the lower right-hand corner to purchase a custom amount.
Now type in the amount you wish to spend and click Next.
A confirmation screen will appear, detailing the transaction's entire information, including the financing source, the quantity of Bitcoin to be acquired, the exchange rate and fees, and more.
Tap "Confirm" if the transaction is correct.
How to send Bitcoin on Cash App?
In only a few simple steps, a person can withdraw Bitcoin from Cash App. Follow the instructions below if you want to withdraw Bitcoin or send it to another account.
Tap the Banking tab on your Cash App home screen after opening the app.
Choose Bitcoin and then click Withdraw Bitcoin.
Scan a QR code address or manually enter one by pressing Use Wallet Address.
Use your PIN or Touch ID to double-check.
To withdraw or transfer Bitcoin, a user must have a balance of at least 0.001 bitcoin. Every 24 hours, a person can withdraw up to $2,000 in bitcoin, and $5,000 in a seven-day period. It's worth noting, though, that Bitcoin transfers to external wallets typically take 30 to 40 minutes, if not more.
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