Purchase BTC using the Cash App

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The how to buy drops walkthrough, we cover purchasing BTC with Coinbase. Coinbase is not the only tool available to easily Purchase BTC with USD, and this article will cover purchasing BTC with the Cash app. Cash app is a money transfer tool that now allows anyone to buy and sell Bitcoin directly from their phone. The benefit to using Cash app is your BTC is available instantly within your account, the fee is less than Coinbase, and you can transfer the BTC to any compatible wallet the same day you purchase (after going through KYC process)

Download the Cash app here

Click the Stocks symbol at the bottom of the screen

Click the Bitcoin option to take you to the buy Bitcoin

Select the predefined amount you wish to buy, or choose a custom amount

Once you have selected the correct amount click “Next”

If you do not have funds in your Cash app account you will be prompted to transfer funds from the account you linked during setup.

Confirm your purchase

Sending Bitcoin from Cash App

Open up the Home screen in your Cash App and located your Bitcoin funds

Select “Withdraw Bitcoin”

Input the amount you wish to withdraw

Enter your withdrawal destination address

Then you will confirm the address and you are all set! Your funds will be withdrawn and sent across the Bitcoin network. The time this takes may vary depending on network congestion.

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