If you want to know how to accept Bitcoin on Cash app, then you will get all the information about it here. If you are planning or doing business in crypto-currency, So in recent years, many people have resorted to crypto-currency investing, as the industry has blown up big time. The crypto-currency needed a huge breakthrough when the value of a single bitcoin rose to several thousand dollars. The price of crypto in the market is very high.
Bitcoin is a huge contributor to its popularity. Now there are many websites and apps that allow you to trade in crypto-currency. Therefore, in this article, we have guided you all about how to accept Bitcoin on the Cash app and enable the Bitcoin option.
About Bitcoin On Cash App?
Bitcoin is a cryptocurrency whose current price is around $63K. it is one of the best cryptocurrencies to start trading. You can buy and sell bitcoins very easily using the Cash app. Its simple and secure interface enables traders to trade in Bitcoin easily and conveniently.
How To Accept Bitcoin On Cash App?
The cash app is a great platform for money transfers or other work and is known for its easy-to-use and secure interface. Now follow these steps to learn how to accept Bitcoin on Cash App:
Step 1: Install the Cash App application from the Google Play Store or Apple App Store, and Open the Cash app on your Android and iPhone.
Step 2: After that, complete the registration process by providing the required documents. Select a CashTag as your username.
Step 3: Now to add funds to your Cash app account to buy bitcoins, Tap on “Add cash” on the home screen of the app to Add funds. Look ahead.
Step 4: Then, on the home screen, tap on “Deposit and Transfer”. After that choose the bitcoin option. Then select “Enable Withdrawals and Deposits”.
Step 5: Input the required input information. And after its completion, the app will verify your credentials. This may take up to 48 hours.
Step 6: After verification, you need to go to “Invest”, and select “Bitcoin“. And buy the bitcoins you want to buy.
How To Enable Bitcoin On Cash App?
You need to select the option which means “You want to trade in Bitcoin”. You have to open the cash app and go to the “Investment” section. Then, choose “Bitcoin” instead of “Stocks”.
Open Cash App >> Investment >> Bitcoin >> Buy or Sell
How To Verify Bitcoin On Cash App?
You get verified bitcoins for trading bitcoin on the Cash app. This is the most important feature of the cash app here you have to enter the required information before bitcoin trading and wait till the verification process is completed. This process usually takes up to 48 hours. For detailed information, see “How to accept bitcoins on the Cash App?” have been told.
How To Withdraw Bitcoin On Cash App?
Follow these steps to withdraw bitcoin on Cash App
- First, open the Cash app on your device and hit the Profile tab in the top-right corner of the screen.
- Tap on the “Bitcoin” option.
- Then, enable “Bitcoin Withdrawal”.
- When a verification pop-up appears, click “Continue”.
- After that give the necessary permission and scan your face and your Valid ID.
- Now, one has to wait for 24-48 hours for clearance of withdrawal. Now, you can transfer and withdraw bitcoins using the Cash app.
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