How can I buy Bitcoin on Cash App and what are the associated costs?
Stephanie LynchDec 18, 2021 · 3 years ago3 answers
I want to buy Bitcoin on Cash App, but I'm not sure how to do it and what costs are involved. Can you guide me through the process and explain the associated fees?
3 answers
- Dec 18, 2021 · 3 years agoSure, buying Bitcoin on Cash App is quite simple. First, download the Cash App on your mobile device and create an account. Then, link your bank account or debit card to the app. Once your account is set up, navigate to the 'Investing' tab and select 'Bitcoin'. From there, you can choose the amount of Bitcoin you want to buy and confirm the purchase. Cash App charges a fee for Bitcoin transactions, which is typically a percentage of the transaction amount. Make sure to check the current fee rate before making a purchase.
- Dec 18, 2021 · 3 years agoBuying Bitcoin on Cash App is a breeze! Just follow these steps: 1. Download the Cash App on your phone and sign up. 2. Add your payment method, either a bank account or a debit card. 3. Go to the 'Investing' section and select 'Bitcoin'. 4. Enter the amount of Bitcoin you want to buy and confirm the transaction. Cash App will show you the current exchange rate and any fees associated with the purchase. It's that easy!
- Dec 18, 2021 · 3 years agoWhen it comes to buying Bitcoin on Cash App, it's as easy as 1-2-3. First, download the Cash App on your smartphone and create an account. Then, link your bank account or debit card to the app. Finally, go to the 'Investing' tab, select 'Bitcoin', enter the amount you want to buy, and confirm the purchase. Cash App charges a fee for Bitcoin transactions, which can vary depending on market conditions. Keep in mind that the fees are transparently displayed before you make the purchase, so you'll always know what you're paying for.
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