Introduction
Bitcoin is a form of digital currency that enables users to make online purchases and transfer money without going through a third-party financial institution. Cash App is a mobile payment service that allows users to transfer money and buy and sell Bitcoin. This article will explain how to use Cash App’s Bitcoin feature to send Bitcoin to another wallet.
Overview of Cash App’s Bitcoin Feature
Cash App makes it easy for users to buy and sell Bitcoin. The app stores the user’s Bitcoin in a secure wallet and provides an easy way to access their Bitcoin balance. Users can also view their transaction history and set up notifications to track their Bitcoin activity. Cash App also offers additional features such as recurring buys, which allow users to set up automatic Bitcoin purchases at predetermined intervals.
Steps to Sending Bitcoin on Cash App
Sending Bitcoin on Cash App is a straightforward process. Here are the steps to follow:
1. Create a Cash App Account and Link It to a Bank Account
The first step is to create a Cash App account if you don’t already have one. You’ll need to provide your name, phone number, and email address. Once your account is created, you’ll need to link it to a bank account in order to purchase Bitcoin. You can do this by providing your bank account information or linking your debit card.
2. Purchase Bitcoin in the Cash App
Once your Cash App account is linked to a bank account, you can purchase Bitcoin. You can purchase as little as $1 worth of Bitcoin or as much as $10,000 per week. When you purchase Bitcoin, it will be stored in your Cash App wallet.
3. Access the Cash App Bitcoin Page
To send Bitcoin from your Cash App wallet, you’ll need to access the Bitcoin page. This can be done by tapping the “Banking” tab on the home screen and then selecting “Bitcoin”. On the Bitcoin page, you’ll see your Bitcoin balance and transaction history.
4. Enter the Recipient’s Wallet Address
Once you’re on the Bitcoin page, you’ll need to enter the recipient’s wallet address. This is a long string of numbers and letters that identifies the recipient’s wallet. If you don’t have the recipient’s wallet address, you can ask them for it.
5. Confirm the Transaction and Send the Bitcoin
After entering the recipient’s wallet address, you’ll need to confirm the transaction. You’ll have the option to include a note with the transaction if you wish. When you’re ready, tap “Send” to complete the transaction and send the Bitcoin.
Conclusion
Cash App makes it easy to buy, sell, and send Bitcoin. All you need to do is create a Cash App account, link it to a bank account, purchase Bitcoin, access the Bitcoin page, enter the recipient’s wallet address, and confirm the transaction. By following these steps, you can easily send Bitcoin on Cash App to another wallet.
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