how to convert bitcoin to cash on cash app

Cash App offers a convenient way to convert your Bitcoin to cash, allowing you to easily access your funds and spend them anywhere Cash App is accepted.

Oct 05, 2024 at 12:18 pm

How to Convert Bitcoin to Cash on Cash App

Cash App, a popular mobile payment platform, allows users to easily convert Bitcoin to cash. Here's a step-by-step guide on how to do it:

1. Open the Cash App:

• Launch the Cash App on your smartphone.

2. Tap the "Bitcoin" Tab:

• On the Cash App home screen, tap the "Bitcoin" tab located at the bottom of the screen.

3. Select "Sell":

• In the Bitcoin tab, tap the "Sell" button.

4. Enter the Amount:

• Specify the amount of Bitcoin you want to convert to cash. You can enter a dollar amount or a specific quantity of Bitcoin.

5. Review and Confirm:

• Review the details of the transaction, including the estimated cash value and fees. Once you're satisfied, tap the "Sell" button to confirm.

6. Select Bank Account:

• Choose the bank account where you want to receive the cash proceeds.

7. Finalize Transaction:

• Tap the "Done" button to finalize the transaction.

Additional Notes:

• Verification Process: For first-time Bitcoin sales, you may need to verify your identity by providing additional information or uploading a government-issued ID.
• Fees: Cash App charges a fee for Bitcoin sales. The amount of the fee varies depending on the size of the transaction.
• Timing: The timing of the transfer can vary depending on your bank. Typically, funds are deposited within 1-3 business days.
• Security: Ensure you use a secure device and password when accessing the Cash App and conducting Bitcoin transactions.